I have a close friend that works in HR in Houston. At least in the Americas there won't be additional layoffs announcements until 1/13/2017 (yes, I know it's Friday, the 13th, but this is no joke). They'll do it a Friday this time because Monday is MLK day, and the "execution" will be effective at the end of Q1. If you receive early that week a meeting invite for the morning of that Friday, I would strongly recommend that you go through the hpalumni.org site and follow their instructions step by step. Good luck, guys. The Holidays are perfect for polishing your resume and start applying to jobs (if only to test the waters).
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@cby Do you have any news about layoffs in ArcSight in Q1/Q2 2017 ?
@KXJNp5Z-cby It's easier to lay off workers and offshore than innovate and sell, and HPE has fallen woefully short in the latter, which is why we are seeing so many good workers being shown the door. It also doesn't help that management is rewarded for hitting financial targets regardless of the impact to the people who do the actual work. Add to that employees not getting raises, no bonuses, a huge cutback in retirement contribution, and a decrease in benefit contribution, and there is little reason for employees to be loyal to HPE.
@ntv, while that may be true for people on teams related to the CSC spin, the Micro Focus spin and HPE Software are a different batch. They are still a few months behind CSC and I expect that we'll continue to see another few rounds of layoffs in Software, one in Q1 and then a couple in Q2. They are clearly trying to decrease the bottom line costs as much as possible, since it is largely margin that is the metric of interest to the Micro Focus spin/merge. Unfortunately, the only way HPE management sees to increase margin is to decrease headcount (too bad they won't lop off the high priced, low performing managers at the top). Business units that could increase margin by increasing revenue are being pushed to the side (or reduced so they can't perform). A large round of layoffs in Q1 can over-inflate the Q1 margin numbers and line up Q2 margins, as well, as the full effect of those layoffs kick in.
@jgr, it is my understanding that HPE won't do more layoffs at this point until the spin-offs/mergers are completed, as the costs related to do so would be much more than wait until the new Companies are in place and then they can resume firing people at a lower cost since they will basically be categorized as "new" employees with a different set of benefits. At least that's what I was told by my boss...
How much longer will HPE continue to WFR and offshore with the spin/merge with CSC only a few months away? Are the two companies collaborating in some way to lay off as many people as they can before NewCo is formed?
I moved on but an old colleague who is now a manager just let over 10 people go a week or two ago. Execs are only looking at cost not talent or experience. They just want cheap warm bodies to fill seats and collect fat engineering rates that were based on the original team - bait and switch is the order of the day at HPE
This last one Dec 5th how many were let go? Thanks