Hewlett Packard Enterprise Co. HPE, -0.48% shares dropped sharply Thursday afternoon after the company reported lower sales than expected and slashed its earnings projections for the fiscal year.
HPE cited three "significant headwinds" that have developed since those projections were provided in October: "increased pressure from foreign exchange movements, higher commodities pricing, and some near-term execution issues.
All these programs keep going to India and dozens are being laid off here in the states. Entire teams are gone. Poof!
Is it possible to run a company and serve the customers with a NEGATIVE number of employees?
Inquiring minds want to know!
Maybe HPE will be the trail-blazer here, and finally get us an answer to this Profound Question of the Post-Modern, Post-Truth, Post-Reality world...
They clearly failed to lay enough people off.....
The ONLY solution is MORE layoffs!!! (Except for layoffs of Meg and Her cronies, obviously!)
They've reduced headcount to the point that it is hard to go after new work as staff can barely keep up with current work.
And some sales guys reported on this board that they even inflated sales #s this quarter.
Terrible.
Laid off all these people already and still that bad? damn.