Estimated percentage of jobs to be cut in 2017: 30%

Hewlett Packard Enterprise (HPE) -

Estimated percentage of jobs to be cut this year: 30%

Estimated number of cut employees: 72,000

http://www.informationweek.com/strategic-cio/10-top-tech-companies-poised-for-massive-layoffs/d/d-id/1325015?image_number=10

Hewlett Packard Enterprise noted in its most recent earnings call in March that it expected to eliminate 3,000 positions by the end of the first quarter. That is just a fraction of the approximate 30,000 job cuts it plans to make by the end of 2018, according to its filing with the Securities and Exchange Commission.

The number of potential layoffs may grow, should the concerns of HP Enterprise CEO Meg Whitman come true. "I think we are just a little concerned about the macroeconomic environment," Whitman said during the earnings conference call. "We saw a slowdown in the US in the last three weeks of January."

In sizing up the reasons for the layoffs, Chowdhry attributes it to the same triple whammy that has befallen VMware: a technology shift, customers who are moving to micro-services like cloud computing, and less reliance on the need to employ a larger number of workers who handle the backend process as the business moves toward the cloud.

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Afraid not @KGFMcHQ-ojv. This company is on a downward spiral. As revenue declines so will expense. It may take 3-5 years to fully dissolve (like Sears) but the direction has been set. CSC and CSRA are no better as government will find ways to cut or redirect expense to defense and social program they too will be hit. It is interesting how both companies are farming out there commercial business to the less reliable and unstable third world countries. End user customers will eventually renew with companies who can truly deliver with Onshore resources. Oh well It is also interesting to see how a top heavy managed company will fizzle out with useless executives who really do not produce the product and/or perform work. Most are protected by insiders or clowns they use to work with in the past. It's a club. The ego's of these people are a trip to watch. They actually think they are needed.

False and misleading information. That article was written in April 2016 talking about layoffs that have mostly already happened, those quoted layoff numbers are not for 2017. After the ES and SW spin-offs, HPE doesn't even have that many employees left.

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Estimated percentage of jobs to be cut in 2017: 30%

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