Compute down 19%, Storage off 16%, High Performance Compute and Mission Critical Systems down 18%, Intelligent Edge down 2%, Advisory and Professional Services off 8%, and Financial Services down 5%
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We were an SGI systems integrator. A decision was made to take our business away...making it a house account. Total failure! Great decision!
Why oh why does everyone forget. The beginning of the end was the late great IA-64 Itanium. The worst conceived and implemented idea ever.
64bit great.
Intel bus architecture ...oops...
Hit number one, as more businesses move to the cloud, they buy far less, if not no more hardware servers, storage, and networking.
Actually, Sparc system sales at Sun/Oracle are up over 100% since 2017.
HPE, Dell/EMC, and Oracle face a double threat.
Hit number one, as more businesses move to the cloud, they buy far less, if not no more hardware servers, storage, and networking.
Hit number two, the cloud buys very little HPE, Dell/EMC, and Oracle gear as the majority of clouds are mutt box built white boxes running open source , their own storage on cheap drives, and bare metal networking.
The only thing that could reverse this trend is if a massive hack happens to the cloud and scares business back to their own on prem datacenters.
HPE President Antonio Neri announced a 25% pay reduction for executive staff, 15% pay reduction for principals, and 10% for everybody else. 401(k) match has been suspended. 5% lay-off as well.
What a shame to see a once great company crumble. There are many contributing factors, but the mindless quest for diversity at all costs is responsible for the incompetent Carly. She was hired because she was a woman. She was only even in the radar because she was profiled in a magazine article about powerful women. She was promoted up through Lucent like a rocket because she was a woman. And she was promoted so fast that she was in a new position before her bad decisions came back to bite her. The sad part is she is extremely intelligent and talented. If she didn’t have such an inflated ego and sought more guidance she could have been a success. Instead she had to prove she was better than any man. Had she been held to the same standards as a man she would have been well seasoned and prepared for the job. The Compaq acquisition was the complete wrong direction. She k–led innovation not just in HP, but the whole industry. The whole industry shifted to commodity computing. She gave up HP’s leadership position and made Dell what it is today.
Start by dividing the internally company by paying half the staff 80% and the other half 100% and get both to work the same amount of hours. If you are on 80% why would you stay? All offices with less than 100 staff will close. Massive savings for HPE and enforces the new way of working. No need to spend $$$ on travel costs to attend a meeting that can easily be done online.
It’s a win-win-win HPE, SGI,Cray. All the gov contracts zoom
Hiring from the inside would have helped to a point but HP was coming up against a wall. The decision to spin of Test and Measurement just before Carly came along signaled that changes were needed. T&M felt unloved and thought they could go it alone. They did for awhile but it too (Agilent) started running into problems and has spun off pieces as Keysight and to Phillips.
The remainder was becoming bloated and while printing could pay the bills at the time, HP couldn't continue to act like HP of the past. We lacked the prior continuous innovation. It was just too big and too "me too." And sadly, it just going bigger multiplying the problem (Compaq.)
I didn't think there was anything wrong with HP halting all growth, focusing on improving efficiencies and add new technologies but in the end, HP didn't do any of it. We didn't need to be bigger - we need to collect our thoughts and decide on our new future.
Would an internal CEO have done better? Possibly not. They might have been better than Carly but that didn't mean they would have fixed the fundamental issues.
And here we are ...
It all started when the board insisted HP go outside the company and hired CF as CEO. There were plenty of very talented internal executives prepared to replace Lou Platt. One can only wonder where HP would be today if Rick Belluzzo or D–k Hackborn had been the CEO instead of CF. With this single transition HP started down a path of executive incompetence that carries forward today.
Dont be surprised that by June 1st we hear WFR's coming out as Management was asked 2-3 weeks ago for peoples names who they could let go at offices or sites. So it will be happening......
You absolutely right, but you don't change the people and mind, you don't change the system. it's has always been the same people same mind until it dies completely.
I've been involved with this ecosystem as a vendor and employee since 1999. I've seen lots of changes and have many opinions about what is wrong and right about Compaq, DEC, HP and HPE. I'll make one comment regarding layoffs. It always seems to be numbers driven rather than process driven. What I mean is that it starts with trying to make the numbers look good to investors, but no one ever looks at how current processes and systems can be made more efficient. There are many legacy processes and systems dating back to DEC and Compaq that just need to be redone or ended.
Does anyone know how people from HPE MapR are affected?
There is no recovering. It will be sold off in total or broken up and sold in pieces.
rumor is that it's not going to be as big as IBM, but won't be too much better. 25-30%.
Get ready. it's just a start if HPE keeps their current senior and middle management. I view middle management as a bigger problem, just too old and too out dated.
When Chris and Phil left for AWS, anyone with a decent mindset would've thought something's up, something smells really bad.
But I have to say, 6 months in this company and all I can conclude is that the senior managements are running a absolute a sh** show, the worst one I've ever experience throughout my career.
I think the ship sank years ago, while everyone else is flying an airplane, our CEO is still looking for a paddle, a formula to success, which never happens.
have to be another dino company to buy this dino. HPE has been buying dino companies, hiring from dino companies. the managers are all with dino like mind. The layoff will cut cost but will not do HPE any good. it's the dino mind that decide who to let go. Only dinos survive.
Prepared for a sale? Who is lined up to buy it?
HPE is being prepared for a sale. The end has come,
All the people left at HP, HPE, and DXC are stupid they are the a– kissers who kept there jobs thru politics and mostly low skilled depending on overseas counterpart
I work at the cf wi site. No layoffs there.
any layoffs happened?
Who will be able to handle a 20-25 % pay cuts?
It's already happening but not even close to IBM who cut 40% of US resources this week
I found Carly to be very smart and that is why I hired her for my job.
Good. The management of this company has s—ed forever. The tech and 'consulting' offered is trash. If you want to do business with a company that still thinks it's 2012, this is your company.
We can’t do much given COVID situation.
The end for both HPE and HPI has been slowly coming for a couple of years. Buyout or breakup are the only options at this point. There is no plausible way to recover.
Covid knocked us all into a lockdown around April'ish timeframe. Q2 for HPE started in Feb 2020 and only the last month of the quarter was within the covid dilemma.
If is already hits that brutally a whole quarter... the company will see more damage moving into Q3 and Q4.
Sad to see an icon (with numerous CEO f'ups) getting under bus now...
@ Carly - Apparently you are no longer with the company due to being so much smart than the rest of us, but I have to ask why on earth would you waste your time coming back to a site dedicated solely to news about layoffs within HPE to post a sarcastic remark....since you're so smart.
Hahahaha.... more doom and gloom! OMG, the sky is falling! The sky is falling! What on earth am I going to do?!?!?! I know, try to frazzle people on the layoff.com website!
If you are stupid enough to still be working at this joke of a company, you deserve what is coming.