I have two theories about layoffs at HPE:
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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.
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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?