Any updates on the numbers for the July layoffs and who it will be targeting?
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will contractors be let go before contract ends?
So, it sounds like there is a consensus that Houston is being targeted. Does anyone know why?
Each business unit received headcount budgets. A managed selection process put new org charts together level by level. People not placed will be notified next month. Houston was hit hard. Will be close to 40% reduction based on the impact to my organization and what I heard from peers. Buckle up for a rough ride.
There will be WFR's happening for announcement on Monday the 13th. It will give their last day being July 31st. Full 2 weeks. Not sure about severance or any sort of package but Pointnext will get hit. Seems no one is safe, its completely about saving money and not talent.
Yeah, I'm a contractor. Waiting for my vendor company to tell me we didn't get our work renewed. Haven't heard anything yet but that's what I'm expecting.
The HP way has been dead for 20 years. Carly k–led it, along with the company.
I got "pre-notified" as well recently and that I will be let go sometime in July, mid or late July, a day hasn't been announced yet.
When you see who's "in a call" on Skype at the same time as your manager or their manager, it's likely they're likely getting notified about their layoff.
This layoff seemed to target contractors, (some) people who haven't been with the company all that long, or younger people (interns of course, being exempt) from what I saw on Skype and people reaching out to me about them making the same observation. If you thought Q2 numbers were bad, I seriously doubt Q3 will be better now that there's a "second wave" of COVID. I predict more layoffs to come... very soon. It's unfortunate because I have a lot of people in my organization that I know who brag about their soon-to-be retirement and they're not getting let go. There's also a lot of people in my group that recently had a child and they're not getting let go. I won't discriminate against those people but it's interesting to see who the victims are.
Been here less than 5 years? Gone, you don't know a lot about the company... Younger than 32 years old? Gone, you're young and we need more experienced people... Contractor? Gone, you're a waste of money... Failed on a program because a vendor lied about their specs? Gone, you're not making us any money with your failed solution... Haven't reported anything to your manager for a few days? Gone, your productivity is bad... Missed a meeting? Gone, you don't care about the program...
HPE has been doing "okay" for a long time. But now we're doing bad, very very bad. I can make a separate rant about HPE but one key thing that's driving us down (other than slow supply chain) is that we've been a company that refuses to compete and tasks risks towards innovation.
At this point, I'll miss my coworkers but not the company. I can't wait to have my exit interview.
Good luck to those impacted by recent WFR. You likely won't be missed by our company.
Laying off staff to buyback stock and give dividends to shareholders. Hmmmm what would Dave Packard say about this....
"A company has a greater responsibility than making money for its stockholders. We have a responsibility to our employees to recognize their dignity as human beings."
The HPE way
History:
Coal miners used to take canaries into coal mines with them. Canaries are more sensitive to dangerous gases than humans are. If the canary died, the miners knew there were dangerous gases present and would leave the mine
While on the subject of Canaries during the VCTP (Voluntary Career Transition Progam) sign up period a rumor that circulated was that if you were eligible (50 yrs old, 15 years, etc.) for the VCTP in Jan. 2020 that IF you were WFR'ed that HPE would allow you to sign up for VCTP instead of getting the Serverance pay.
During the VCTP offering there was an inconsistent message across departments where VPs, Dirs, Mgrs. at the close of the VCTP offer were being very direct and encouraging team members to sign up for the VCTP.
Does any one know what percentage of the people who were eligible took the VCTP ?
Based on some of the disccusions inside many people who were eligible decided to GAMBLE that they would be gainfully employed beyond the time frame given in the VCTP .
If they people leaders knew that this was going to be a big damn WFR why were they not more fortcoming on communicatiing honestly and truthfully with the folks who were eligible who were in a state of denial that thing would get better.
What was really irritating is the number of people at Houston Site who were so damn easily fooled with this %$% of hey we moving to a brand new site which implies all is well. Hell we even have the Golden Shovel that was used and photos of the yet to be developed site.
So now does a new Site for HPE really indicate what we have a new long term growth strategy. Man instead of the free cokes from years gone bye we now get free Kool Aid to drink.
Parrot on the inside, thanks for info. I did not realize people were back to working on site in Houston. Anyway, why do you think Houston is being targeted?
Parrot_on_the_Inside
Considering no one is in the office, and the company being sold would actually increase the stock price means you're completely talking out of your ass
Let me add a little more. It is even so bad – that very high upper management is starting to get the secretaries to help revise their resumes. I found a top-level executive's resume in the printer, and I saw him/her (during lunch) making some changes. Because they asked me how to phrase something, which would only go on a resume. Hopefully, you don't have much stock right now, because HPE will probably be sold off or bought-out in the days to weeks ahead.
Many, many teams and staffs will be laid off during the weeks ahead, especially in Houston. Management is trying to hide the fact that they are "profusely bleeding cash". As many resources as is possible will be cut, big numbers of employees are going to be furloughed or just plain cut. From what I have heard last week or so, my C-suite manager is even considering on getting rid of large physical locations, because the budgets are being cut and fixed assets are looking to be sold off. It is bad, very bad. Most employees in US locations just do not understand how bad HPE did over the last few quarters.
All Houston resources? Like, no one left in Houston? Sounds like a new site isn't even needed. Thanks for info.
Houston HPE Supply Chain teams will complete the WFR of Houston Resources and transition head count to offshore to Taiwan HPE Development Center to be co-located with HPE Engineering teams Taiwan.
All Houston HPE Engineering teams who survived the recent WFRs (Oct. 2019, Jan. 2020, and June 2020).
what department?
I was called on Tuesday. Notices are still going out. This is in Houston.
Someone on another thread was "pre-notified" this week - "I am in Houston and was called by my people leader today and was told that I would be let go sometime in July."