I have no problem if they don't make money and have to let people go to survive. I would do the same thing. The only problem I had was your manager tells you that you are not knowledgeable, you are not responsive and not up to the task and try to find a reason to fire you and that is totally a bunch of BS when they have one person doing multiple people jobs. They need to fire these managers who are incompetent and only care for themself and lie and lie. These MF are those that really bring down HPE and they need to be fired in the first place.
6 replies (most recent on top)
Anonymous, what department are you and the handful of people in? That stinks. I'm in Houston as well and am very suspicious. I haven't heard anything yet but I'm expecting layoffs to occur.
Are you sure? Because I’m pretty sure I’m getting laid off from Houston. I know a handful of people here in Houston getting g laid off.
Teachable moment/Education for prior post from @Allivesmatter: A new skill that is now highly desireable is COBOL Programming. I will tell you why later......
note the HPE acquisitions of SGI, Cray Research, and other were because of Government Contracts / Revenues.
Lockheed Martin Job Cuts Due to Pentagon Budget Cuts
Having been in the defense industry for the past two decades, we have emerged as the leading weapons and security company in the sector. With the U.S. defense department as our client, we had to lay off 4000 employees in 2013, in light of the budget cuts approved by the government.
The budget cuts had a direct impact on our revenues, and we felt the need to lay off employees, and close down our divisions in certain locations throughout the country. The slump in demand, made it necessary for us to reduce 3.5% of our workforce, and close down six locations in Ohio, Horizon City, Arizona, Newtown and Akron. We also had to close down 4 of our buildings in the Sunnyvale California campus, with a collective job cut of 2000 Lockheed Martin employees.
Around 2000 more employees were laid off at various locations throughout the country, within three different divisions of the company. The employees from the space systems unit, global solutions and information systems unit, and the mission system and the training unit section of the company, were laid off.
Marilyn Hewson, who was the then CEO of the company explained the need for these drastic measures, by blaming the budget cuts on the complexity of the security landscape on a global level. Though not ideal decisions, but employee layoffs became necessary for the survival of the company.
Our business was completely dependent on government spending, with federal contracts constituting around 80% of our total revenues, amounting to a colossal $39 billion as of 2012. The budget cuts in defense spending, robbed our company of our major earning, which necessitated the need for urgent layoffs and the closure of multiple divisions and company locations.
Ever since 2008, we have had to cut around 30,000 job positions; which amounts to around 20% of our entire global staff. In this way, we were only left with a total employment number of 116,000.
The value of our shares saw a spike after the announcement of the layoff. With improved share value, its value spiked to around 50% in that year. The global security uncertainty and the major budget cuts promoted us to take a step to lay off employees on such a large scale.
March 26, 2015 by Anonymous85141 | 2004 views | no reactions | 6 replies (last July 13, 2015)
Post ID: @OP+AHWWVAg
The Focus is on WFRs or Layoffs because that is what this discussion board is all about. Government Jobs are have WFRs also. I worked 20 years in government job.
There are no guarantees with any job regardless of you have skills that upon completion would be obsolete.
What skills are you going to gain that cannot be outsourced in 6 months to a low cost region or will be a victim of automation, AI, etc.....
Another day. it's coming