Anybody believes that HPE can actually recover after everything that has happened in the past few years?
I was worrying about next round of layoffs before it hit me this is my reality now. There is no escaping layoffs anymore. No matter how many rounds we go through, there will be more, because HPE is a sinking ship.
I truly don't believe we can recover after everything. I wish I was wrong, but I doubt it.
Just stop working and wait for them to lay you off.
Collect that severance package, read books a couple months, and go to work for decent people.
In the meantime, do as little as possible.
That is my sage and proven advice, which netted a nice profit.
Screw those losers, as they will do to you soon enough.
No. Good Luck to All!
@Rej6ehR-2sgd I don't understand why people don't understand this HPE point NEXT. The fund managers, etc that are on the BoD have a vested interest in running HPE into the ground to save other investments interests. Sell off valuable assets to other floundering companies that you've invested in and watch them flourish because they don't have the dead weight of 70 year old company that simply grew too big. Easy to see.
You guys are missing the point. The plan was never for HPE to "make it" but rather to liquidate assets and this job is still work in progress.
When Meg split HP I was surprised that she stayed with HPE and not HP Inc. It seemed obvious to me back then that:
1) On prem Enterprise computing was a stagnant market and that HPE wouldn't be able to compete with others, like Oracle (and Oracle recently had a huge RIF in Sparc and Solaris).
2) HPE had no real path into cloud computing.
HPE seemed doomed from its inception.
Rej6ehR-1hak, I was there 6 months ago. 35 and done. Enjoy retirement! It is hard to be considered unneeded but, I wake up every morning glad I don't have to grovel for my job any longer. Thanks for your service!
Well stated, it is not the end of the world leaving HPE. I got notification of WFR in January 2018 after 35+ years with HP/HPE. My last job was in the (now defunct/destroyed) EMEA organization. WFR package is good and fair and it allows me to retire early without financial problems. It's my ego that . is hurt. I gave all to this company, lots of nights and weekend work to make the deadlines, winning customers, solving problems. Most colleagues I know work at least 20% more weekly hours than what is stated in the work contract. I for sure did that for 35 years, so in effect I worked the hours of 42 equivalent years with no regrets before. Now it leaves a sour taste to experience how so many great people get disposed like rotten apples. There is always a possibility to make something a little b--cheaper and a little bit worse - HPE unfortunately became an artist in this strategy. At some point the customers are no longer accepting this and there are strong signs (order performance) that many customers are no longer accepting this.
Not in its current form.
So I left HPE after 12 years. I left because I’m not sure what the future is of the company. I expected some major announcements by close of Q4 and got nothing. HPE is purely a HW company now and I don’t see a future. The cloud is eating everything. HW will be relevant for sometime but the market won’t support all the players. Unfortunately I doubt HPE can execute in this new world and suspect a merger will come.
Thanks Rej6ehR-gyi. The only thing this site lacks is Like buttons. I was WFR'ed after 35 years and also top ranked for 34 of the 35 (one damn bad year in 1990). Your insights were right on the money.
I don't want to be trite about this, I know people are fearful. The thing is that we have all seen companies go through this cycle and it seldom ends well. There are exceptions, i.e. Apple was practically a dollar stock and looked like it was headed to extinction before Steve Jobs was invited back to the table again. The question is who is HPE's Steve Jobs? Antonio? Anna? I'll leave that up to others to decide, but Jobs did not WFR Apple back to greatness.
When you look at HPE, the portfolio is very strong, but the question is if there are enough of the right people left to execute. There is also the matter of market alignment, HPE is trying to align better with the market, but it is facing headwinds and is behind others. Green Lake is a good idea, it is also a smaller piece of a much larger market that might have been a great idea 3 or 4 years ago. If you look at the decisions that were made, HPE has lost some very important pieces i.e. software. So going forward, with the pieces that HPE still has, you have to ask yourself how well this aligns with the market and how well HPE can execute on that vision.
On a personal level. This is stressful. I was WFRed after 21 years, even as a top performer with skillsets in products that were profitable. I saw the writing on the wall before I was let go and started looking for work a month before I was notified. I started my new job 4 weeks after my last day at HPE. I am not looking back. My only regret is that I still have alot of people at the company I care about. I have seen messages from others about how well they are doing post HPE, sometimes I think that comes off wrong. I don't want to dismiss anything that people are feeling right now. I just want to share the idea that this will shake out in time, control the things you can control (your resume, seeking work), and know that leaving HPE is far from the end of the world.
Best,