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October 8, 1998

COMPAQ AXES 1000 JOBS AS RESTRUCTURING BITES

By CBR Staff Writer

Compaq Computer Corp has axed another 1,000 jobs as part of the ongoing restructuring that resulted from its buy-out of Digital Equipment Corp (DEC). Compaq laid off the workers from its Houston assembly plant. A spokesperson from the company said that the cuts were in line with its plan, announced back in June, to cut 5,000 manufacturing jobs worldwide (CI No 3,442). The company will also cut a total of 600 jobs at the former DEC HQ in Marlboro, Massachusetts, a shedding of jobs that the spokesperson said was already underway. The overall job losses that the company anticipates as part of its streamlining program remains at 17,000 worldwide. However, while cutting global manufacturing jobs, the company is looking to hire in the service sector. The president of Compaq Canada Inc, Peter Ciceri, quoted in the Canadian Financial Post, said that the company was looking for hundreds of service technicians, customer support personnel and marketing staff in the region. Compaq Canada is also planning to open a new call center in Ottawa.

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