Higher jobs losses than expected as Compaq takes on DEC

Higher jobs losses than expected as Compaq takes on DEC
Tom Foremski
Compaq will cut a total of 17,000 jobs as it attempts to merge with newly acquired Digital Equipment, 2,000 more redundancies than were originally expected.
Over the next year about 15,000 jobs will be cut from former Digital divisions and about 2,000 jobs from Compaq divisions. Compaq is reorganising as a major supplier of high end computing systems and services to large corporations.
A key part of Compaq’s push will be Alpha microprocessor based systems, hoping to take advantage of Intel’s delays in producing the competing 64-bit Merced microprocessor.
Compaq CEO Eckhard Pfeiffer said that the merger has allowed it to reach a goal of becoming one of the world’s top three largest computer companies, and it is working on a second goal of achieving at least $50bn in revenues by the year 2000.


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