Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.


Compaq to axe 5,000 jobs

Published on .

Houston--Compaq Computer Corp. announced it will fire 5,000 employees, or 7% of its staff. The news comes as Compaq, the biggest PC maker, said it expects profits of 12 to 14 cents a share for the first quarter. Analysts had expected 19 cents, the same as in the year-earlier quarter. Compaq joins rival Dell Computer Corp. in announcing job cuts.
Most Popular
In this article: