HP has said that approximately 15,000 jobs will be eliminated in the process of combining the two companies. "I don't want to see any more people lose their jobs because of business needs," said Warren Hargrove, an HP employee for 27 years, who lost his job at the company's recent spun-out Agilent division in a round of layoffs last year. Hargrove's concerns were echoed by a group of Compaq employees who flew in from France and passed out papers on behalf of their union protesting that the "self serving interests of management are undermining any real business justification for the merger." Another shareholder and HP employee warned that "if it goes through, I can pretty much tell you I will not be an employee of Hewlett Packard for very much longer." Fiorina also fielded criticism from shareholders who claimed HP was overpaying for Compaq.