EMCC European Monitoring Centre on Change

HP - Compaq

Company/Organisation:
HP - Compaq

Geographic Location

Country: Belgium
Location of affected unit(s): Woluwé Saint Lambert (Région de Bruxelles Capitale), Evere (Région de Bruxelles Capitale).

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Number Employed: 150000

Employment Effects

Announcement Date: 26-07-2002
Planned Job Reductions min: 165
Planned Job Reductions max: 165
Type of Restructuring: Merger/Acquisition

Additional Information

165 job losses in Belgium due to merge between HP and Compaq. Globaly, 15000 over 150000 jobs will be cut all over the World (10% of the working force).