It has been circling the drain for 10 years.
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Arista is aggressively selling campus switching and wireless now also.
HPE investment into legacy JNPR , now will buy Hitachi Vantara storage as nothing build in house runs
Next be another ancient technology that nobody cares anymore about where Dell's and SMCIs took a train with AI and aint coming back
Arista and NVDIA take all DC networking away - what's left is fight with Cisco . In Servers - there isn't any place we going ahead of top-3 but message was clear ' high margin networking' is HPE business now
@cd I make a lot of money and shop sneakers all day too. Love it here at HPE.
Seriously, I look at executive sneakers online all day and do no work.
I wouldn't call it as far as "woke" but I agree with your sentiment and the point you're trying to make. The company can be "woke" but also be extremely efficient about it, and HPE is not doing that.
It is rather a bureaucratic and inefficient business model to run operations internally. The company is more concerned about its branding rather than true merit. The debt you mention is an example of a "woke" (and I'm just using that terminology ironically as a company that's more focused about its external appearance) system that is handling its finances poorly. Yes, and I agree that the company creates too many jobs. It's a perpetual cycle of hire, fire, hire, fire. I remember with the last company I worked for, we had hired probably 5 people on my team alone, including myself, in a single year. Then when layoffs came around, I was the only one who got laid off on the team. Before I walked out of the office, I asked my manager, "Entertain this idea. If we had hired less people this year, would I still have a job right now?" It was sort of an awkward silence. He didn't answer my question, which told me everything I needed to know. It was a company that was extremely optimistic about that fiscal year but something fell through and it caused the company to be reactive instead of proactive.
Skilled engineers keep the technology and operations running. Customers keep buying because they like and trust good people. HPE has rotted at its core. European and progressive leaders push a woke agenda. They fill the top ranks with people who care more about their image than real results. You see it clearly on LinkedIn. The company creates too many jobs that add no value. Bad leaders lay off great people and great leaders because they want them gone. Soft leadership under Antonio Neri lets this happen. The core business makes no real profit. HPE takes on more debt just to keep cash flowing and stay alive.