Thread regarding Hewlett Packard Enterprise (HPE) layoffs

Two Theories about HPE Layoffs

I have two theories about layoffs at HPE:

  1. HPE Leadership does not care about the impact of layoffs, they are here to preserve cash flow and orderly kill the company over a longer period of time. This would allow them to collect their bonuses and if they manage to play the game long enough, they can amass enough millions to take care of their families for about four to five generations. The amount of cash they are extracting from HPE is so immense and nobody is watching. All of this is fairly plausible to me and it’s been happening at IBM for a while now too.

  2. HPE leadership is out of touch and/or oblivious to the mass exodus and damage that’s being done to the company as we lose key talent. They talk about millennials, they praise millennials but they do nothing to adjust to millennials and position HPE to enter the next era. Job cuts will not get us there… The company is stuck in 1995, the processes as stiff and retrograde, the management style is rigid, not sure what else to add here…

What do you think?

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| 1931 views | | 6 replies (last March 16, 2016) | Reply
Post ID: @OP+G0MhiLe

6 replies (most recent on top)

It is always a sign of crap leadership that when things get tough, they run to door marked get rid of employees. This is the easy way of cutting costs and preserving their bonuses for another year or two. The very best leaders head to the door that says win new business. Perhaps a door that reads Innovation, they even start to network themselves to generate business as opposed to hunkering down behind their desks and looking busy. EDS had been heading downhill for a few years before HP came along and just continued in the same direction. It really is to bad that such a good bunch of problem solvers and solution providers are led by such donkeys.

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Post ID: @rjui+G0MhiLe

A LOT of the decisions that Meg (et. al) are making and have made and what got Leo booted, albeit with a very substantial exit package to follow him out the door, and they will cycle themselves out with the same types of packages. Wall St. wants to see positive numbers even in a negative environment, a negative corporate culture, and a negative cash-flow organization and the only way that can be done in the eyes of execs is to reduce the headcount below themselves.

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Post ID: @cieq+G0MhiLe

Got WFR'd in December and am curious, if anyone knows, what's the % of folks that have been caught up in this recently are over 50?

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Post ID: @9jtz+G0MhiLe

The millenial thing is really just hand-waving to disguise the fact that they don't want to employ any US workers unless they are middle or upper management. To a more senior employee the idea they are attempting to convey is "some college kid can replace you at half the cost/the industry is changing and you aren't keeping up".

Trust me, they are laying off millenials left and right as well. Except we hear things like "we need more experienced resources/the US doesn't produce engineering graduates that are as talented as in insert low cost location.

They want to make it millennial vs baby boomer to hide the fact that all of us are being replaced overseas or with H1Bs.

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Post ID: @7ysi+G0MhiLe

I think there's a bunch of incompetent people (50000+) that needs to be fired.

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Post ID: @3vbu+G0MhiLe

Nice theories, inaccurate, but still nice

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Post ID: @zho+G0MhiLe

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