Here is a helpful chart to determine when layoffs will occur correlated with different events.
Event Result
Acquisition Layoffs
Divestiture Layoffs
Revenue drop Layoffs
Profit drop Layoffs
Revenue increase you would think hiring, but no it's Layoffs
Profit increase Surprise it's Layoffs
New CEO Lot's and lot's of Layoffs
Same ol' CEO uh, Layoffs
Pandemic Well, I think you get the idea by now. (BTW Layoffs).
3 replies (most recent on top)
Well June is traditionally one of the twelve worst months for layoffs at HPE, so I’d say June. If it’s not June then it’ll happen in one of the eleven other worst months.
Cutting your way to prosperity 400 jobs at a time. Thats the HPE way.
It would be d-mb and not cost effective to innovate and deliver something that customers would pay for.
Nobody ever said that HPE had any imagination when it came to deciding what to do.