Merged HP will send 16,000 staff ‘Paq’ing

The Register: “At a news conference yesterday HP CEO Carly Fiorina said ten per cent of the combined workforce of
HP and Compaq would be shed if the proposed merger clears the usual statutory and shareholder
hurdles. That adds up to between 15,000 and 16,000 staff who’ll be sent Paq-ing.

But it may be slightly less, as the real head count at each company is fuzzy.”