Just another method to disconnect from our history.
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Good luck with the logo color. Maybe you had better hope that the Meggot will not sell the logo, like the rest of the furniture. Next round will get Aruba, Monday , December 4, Sorry your company got ruined too. wFR s must be e as all.
They are moving the execs to the new Aruba building in Santa Clara - no additional spend other than fitting out the 6th floor. We are looking forward to having Meg and Antonio in the canteen. But the logo needs to stay orange !!!!
"It is like the farmers resorting to selling the seeds to survive."
Yes, "eating your seed corn". It will keep you alive for now. Come next harvest time, the farmer will be dead, or eating grass and weeds, or dependent on charity.
HPE is now yea verily at the stage where it is "eating HPE's seed corn"... But you can bet that The Meggot will NOT be starving!
They sold the Roseville, CA site last year - and now "lease it" - with terms that they can sublease if needed - interesting situation to generate some big cash and minimize risk if you need to pull out of an area quickly.
that is what they have already factored in the sale of real estate to the tune of 400 million USD in 2018. This is public knowledge. It is like the farmers resorting to selling the seeds to survive.
Regarding HP owning so much valuable real estate, I guess I never looked at it that way. My home has appreciated considerably in the last 20 years, maybe I should sell it. Oh, almost forgot, I do need a place to live.
Kind of reminds me of a saying that was going around HP around the time we spun off Agilent Technologies. "If the stocks (HWP & A) keep going up like this, none of us will need jobs..."
I can not believe that someone can defend Meggot at this point. On anything! Good Luck to All!
HP and HPE own some of the most valuable real estate in the entire world.
That's something that investors frequently ignore. They look at the products that the company produces, but ignore the fact that the companies' real estate portfolio is unreal.
For instance, when Apple needed to buy up a ton of land, who did they go to? HP, of course.
If you want to buy a huge chunk of land in silicon valley, HP holds the keys to the kingdom.
The distinction is the address. 3000 Hanover went to HPE. 1501 Page Mill went to HPI. I never expected HPE to keep 3000 Hanover and it’s not the original HQ. What she is giving up isn’t anything historical anyway. But I get why it depresses people.
I read the article about Palo Alto, moving the entire headquarters to new modern buildings in Santa Clara. Talk about spending more money when they keep saying they have to lay off people because of their budget! Hypocrites!
"Just another method to disconnect from our history."
and mother nature will handle the rest . . . .
http://abcnews.go.com/Technology/wireStory/fires-destroy-part-hewlett-packard-archives-50821216
1cci,
Not sure what you mean. Both HPI and HPE are on Page Mill Road right next to each other. Granted HPI is on the elevated part of the campus.
HPE abandoning the Page Mill Road Buildings is really sad for an old time HP employee like me who have visited that site many times. It is naturally beautiful area and is a vibrant place right in the backyard of Stanford University.
Just like Apple scooped up and built the most ultra modern headquarters at the old HP Cupertino site, some great company will scoop up the Pagemill property as well and transform that campus into a coveted ultra modern campus again.
HPI kept the original "the Hill" on Page Mill. HPE got "Intergalactic HQs" on Hanover. It came much later so it's not that big of a deal. Having the Page Mill site is the good one.
Wow
Please search Meg's news - she says 80% will be offshored and only 20% will be in the USA. And for MicroFocus that is another story. HPE Software (MicroFocus) a foreign company will no longer need any USA Employees - why would they - they can save money with their own offshore places.
What I still don’t understand is how some people still don’t get that this is just the beginning of the implementation of HPE Next, and that two years from now, 3 out of 4 employees of what is today HPE (~45K employees) won’t work here anymore. If you thought you were lucky of having survived HPE/DXC/MicroFocus, start internalizing that you have seen nothing yet.