How many have been laid off so far as part of the announced 5,000 by HPE? I don't understand why they would announce such a huge cut and then do nothing or very little about it for this long. Or am I missing something here?
17 replies (most recent on top)
As Buzz ightyear says, "too infintiy and beyond!" Pretty 5K has been surpassed - EASILY!
From http://www.myvisajobs.com/Visa-Sponsor/Hewlett-Packard-Enterprise/1266562.htm ...
"Hewlett Packard Enterprise Company has filed 439 labor condition applications for H1B visa and 121 labor certifications for green card from fiscal year 2014 to 2016. Hewlett Packard Enterprise Company was ranked 364 among all visa sponsors. Please note that 9 LCA for H1B Visa and 7 LC for green card have been denied or withdrawn during the same period. "
2017 data does not seem to be available yet. HPE appears to use H-1B, just as indicated here in these pages. HP / HPE has been "blacklisting" laid-off employees since 2012, I know that for a fact. They are clearly abusing the laws around H-1B (abusing Congressional intent).
HPE don't hire new graduates who need H1B! I've worked with teams across several major sites and I was told the same(was wondering why the quality of their new hires aren't so good). you can take your layoff/low wage complains to somewhere else.
There were also hundreds of layoffs on Oct 16 and Oct 17.
There will be announcements next week.
A McKinsey consultant walks up to an Accenture consultant at 3000 Hanover St. And asks, "What do you call laying off 5000 employees?"
The Accenture consultant replies, "A good start!"
The economics of "free market" (which we no longer have in the USA) means that buyers decide what they want, and how much they are willing to pay, and they line up with willing sellers, with minimal government interference (just enough to enforce contracts, and punish cheating and stealing).
Under crony capitalism (what we have in the USA today), government and big businesses collude with one another. The law (of words and agreements) can be ignored, and PERSONALITIES run the show. We now have the rule of men (and women), not of law. Meggot and cronies make enough campaign contributions, and then HPE can always hire more H-1Bs (by law, by intent of Congress, H-1Bs being provided ONLY when there are no qualified American workers available), while blacklisting laid-off ex-workers (even if laid-off ex-workers are willing to take lower pay than the H-1Bs). Americans are not allowed to compete, in other words. This is a clear abuse of the H-1B laws, and I cannot see how any well-informed people could debate that. It has nothing to do with being white, male, or angry... It has to do with the rule of law, and basic fairness... Of being able to compete fairly, on an even playing field. Duh!
Yeah, you are missing quite a bit, but I don't have time to explain the economics of capitalism right now. Read the angry white men rants below and get all riled up. Or, get a new job and get on with your life.
They are coming. you will be actioned if your name is on the list
I agree with @PVdSWeI-whl - they always say they do not have enough qualified people to be hired, but they lay off American Citizens as fast has you can say WFR!!! And they are very qualified. I am so tired of the H1B still are working and we are laid off and it is not easy finding a job either. They want everyone to have so many requirments to be hired it is impossible, but if you are an intern that will be O.K. no matter what the requirments say, or if you are a guest worker.
4,997
I used to be a long term stockholder, but, really, HP's stock performance was really... meh, compared to my other holdings. If I was a stockholder, I'd think twice about investing in a company that does repeated large layoffs to sustain its business. And what value does it provide its customers when such activities occur?
If you make it to November 1 you at least receive your 401k match. If the stock keeps going up, or down, no one will need a job. Too bad about sales. Remember, "nothing happens until someone sells something". Good Luck to All!
Well there were thousands laid off on Monday October 23rd, 2017. It started at 8am on the East Coast and rolled across North America. I know of entire teams that were slashed. My best guestimate is that they cut between 1/3 to 1/2 of the field sales force (that is where I work). My manager went from having 13 direct reports to 5 and 19 to 5 over the last year. In the Securities and Analysts meeting a couple of weeks ago Meg said that revenue and earnings would be flat for the next two years. Now that makes sense. Cut a significant portion of your sales force and you will have flat or negative revenue and profit growth. When talking with a friend of mine, he suggested this looked like Meg prettying up the pig before she went to sell the pig at market. My prediction is that HPE will not exist two years from now. Meg will get her golden parachute, And Antonio will become the president of a "HPE" division of some other company when HPE gets bought. They are applying the last coat of paint now before they put the house on the market.
HPE didn't announce any layoffs.
They leaked a figure of 5,000 which they then went and more or less denied before then proceeding with a large amount of layoffs a couple of weeks later.
Well yes, I don't get it, either. If I was a stockholder, getting all excited whenever I hear that HPE is going to cut costs by laying off, I would want to hear updates that they really DID do the layoffs... A progress report on costs-cutting... IF I was a stockholder that trusted HPE to do the cutting in the right places, which I clearly am not! Anyway, don't the stockholders want confirmation?
Something else may be coming into play here... HPE likes to ANNOUNCE the layoffs to excite the gullible stockholders, but not CONFIRM the layoffs, because confirming the layoffs might call too much attention to the following: HPE likes to lay you off, blacklist you from future re-employment (at ANY pay rate, even below the pay rate of an H-1B), and then whine to Congress, that they need more H-1B allocations, because they "just can NOT find ANY qualified non-immigrants, ANYWHERE!"
I still have no answer to the following: Will HPE ignore its blacklisting policy, if I change my name, move to India, renounce my American citizenship, and apply for H-1B? WHAT does it take, for me to be allowed to compete in an open jobs market, with the H-1Bs?
Worry not dude, you will be next to be fired
Best wishes,
Meg & Antonio