Thread regarding Hewlett Packard Enterprise (HPE) layoffs

Granny Meg far*s again and 10% workforce is gone

Why don't she fire herself. That will be very helpful. She is the most incompetent person fro her jon in the company.

by
| 1742 views | | 4 replies (last September 25, 2017) | Reply
Post ID: @OP+PokZXtR

4 replies (most recent on top)

"The redundancies, first reported by Bloomberg, are part of the HPE Next initiative that CEO Meg Whitman hatched in June, a radical programme – the latest in a long line – to improve financial results and compete with cloud rivals."

That sounds a lot like what MH is doing at Oracle: decimating the on prem business while trying to blow cloud bubbles.

by
| | Reply
Post ID: @3hfn+PokZXtR

all the employees know to not believe the lies that come from management. Even management knows not to believe the words that come from above. It's the same story every year. "We're doing great! We're leading the industry! We're a leader!!!!" and then you leave the rah-rah pep rally presentations and read the truth from the media. I saw it for years from the inside. There is no trust inside the company or faith in it's management.

by
| | Reply
Post ID: @2agy+PokZXtR

When you are told to ignore the leaks, but none of the "leaked content" is disputed it's a tacit admission that they are true

by
| | Reply
Post ID: @gvs+PokZXtR

https://www.theregister.co.uk/2017/09/22/hewlett_packard_enterprise_prepares_to_chop_5000_staff/

Hewlett Packard Enterprise is about to release the trap door again with 5,000 employees, or almost 10 per cent of its workforce, expected to fall through it.

The redundancies, first reported by Bloomberg, are part of the HPE Next initiative that CEO Meg Whitman hatched in June, a radical programme – the latest in a long line – to improve financial results and compete with cloud rivals.

Staff across the organisation in the US and other large operations including the UK are expected to be in the firing line, with managers also at risk of losing their jobs. HPE told us it was preparing a statement about the matter.

Since Whitman took the top job at HPE in late 2011, she has laid off more than 100,000 of her people, carved off the PC and printer businesses into HP Inc, and spun off the outsourcing and software businesses to DXC and Microfocus.

Only in the last set of financial results for HPE's Q3 of fiscal 2017 ended July 31 did the company report group growth on the back of storage and networking sales – the first time HPE has done so since it was formed in November 2015

Contrary to perceived wisdom in the industry – that software and cloud services are the best paths to make money – Whitman has largely fashioned a bigger hardware business, slurping the likes of Aruba, Nimble Storage, SimpliVity, and SGI.

The HPE Next initiative, under the control of Jon Faust – senior veep of finance, worldwide financial planning and analysis – has already seen the removal of the exec tier that ran the regions (EMEA, Americas, etc) and a restructure of individual country operations.

The plan is simplify the organisation to speed decision making on investments or sales priorities, and reduce overheads. In total, HPE has targeted $1.5bn worth of cost savings over the next three years, CFO Tim Stonesider said during the most recent results call.

Whitman said of HPE Next in June that it was "on a par in scope with any of the recent separations" and the ultimate aim will be to create a "long-term operating and financial blueprint".

Sources across the organisation previously told The Reg that they were braced for further job losses but anticipated deeper cuts of up to 20 per cent. ®

by
| | Reply
Post ID: @gpa+PokZXtR

Post a reply

: