Still facing hard times, computing giants Hewlett-Packard Co. and Sun Microsystems Inc. will close shop during the week of Independence Day and require employees to go without pay or use up vacation time.
Shutting down from June 30 through July 6 in the United States will contribute to "operational savings," HP spokeswoman Judy Radlinsky said Thursday, though she would not elaborate on the amount. Palo Alto-based HP has 74,000 U.S. employees and 150,000 overall.
HP executives decided on the plan after getting "good feedback" from former employees of Compaq Computer Corp. about its closure during the holiday last year, Radlinsky said. HP acquired Compaq on May 3.
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