Heard on Friday there will be a Bay Area focused layoff . It’s gotten too expensive to run the Bay Area buildings so layoffs will occur and the buildings will be sold.
This information comes from solid sources
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I can even tolerate the trolls on this website, but the $#5@s that blabber about politics as the reason for HPE's woes represent a whole different level of insanity.
It was too big for anyone to fix. HPI has a bit of hope (but it's not out of the woods.) HPE needs to be broken up more and reduced to a very limited business. The $130B peak across both is long gone. It should have never gotten that big in the first place.
1zxi So nice to have a constructive input from HPE HR. Thanks. You think this problem was caused by democrats and where the company was located and not by incompetent "leaders" that were looking at the next quarter and not the future. Tactical vs Strategic thinking killed this company. Little internal R&D, grow by merger, no vision beyond 90 days.
@S9WxZAr-1dsy, Agreed!! in CA the people keep voting for Democrats and that is what you get. High Business Taxes, Higher Taxes on everything especially gas only to protect and give money to illegal aliens and to have open borders where anyone can enter our borders without vetting on who comes in and they are above the law where they can commit hideous crimes and get off because of this sanctuary state. Democrats if they win - are planning trillions of dollars of new taxes. I guess people in CA just love high taxes because every bill on he ballot always seems to win. You keep voting for them and that is what you get and people who do not vote for them have to suffer or leave the state. CALIFORNIA is NOT a Business Friendly State, only a TYRANNY Friendly State.
"...can you imagine the SMELL of the hot crapper pond?!?! "
At those large outdoor meetings, perhaps they could channel the ghost of Kurt Cobain (may he RIP), in honor of Emperor Nero, to sing, "Smells Like CEO Spirit"!
On the AEM presentation they showed the outside "stage" to host large meetings "Al Fresco" outside.... can you imagine the SMELL of the hot crapper pond?!?! Delightful!
Heard fresh layoffs are in the planning stage to reduce the number of workers and offices space required in the Bay Area . The remote working thing is still costing the company too much for the return.
Silicon valley and California have become intolerable to do business in and with the CA state daily new anti-business rules you can expect HPE to reduce their CA footprint.
oh yeah? if you step out of that 'lavish facilities', you will feel like you are in a giant toilet hall with thousands of people with upset stomachs p--ping at the same time. That place is right next to the Santa Clara Valley's biggest p--p processing facility. the BODs will feel like they are in the heavens sniffing that air. May be good things might come out of that healthy environment where they work.
@1yis your info is a few months old. Those plans have been canceled. New HQ is being built with lavish amenities in Bay Area.
I've long thought that Hewlett-Packard is a real estate company. There's NOBODY with a better real estate portfolio in tech.
Companies like Amazon and Google have great software, but if you want to buy prime commercial real estate in a tech center, HP is #1.
I wonder how the portfolio was split when the company was split?
The new Bay Area HQ is the Aruba HQ that came with the acquisition. It wasn't built by HPE with expanding the presence in the bay area in mind. HPE has already publicly announced they will leave Palo Alto and those buildings were just renovated.
Growing the workforce in California is the exact opposite of HPE's strategy for many years now. There is some backfill and any major hiring in the area are all in Aruba. If you're part of Aruba, great! They're not fully integrated in the HPE way yet and I suggest exiting before that happens.
This is what I thought for HPE but is the same logic for HPE/Micro Focus too - since now it is foreign company, why would they want to keep paying for Moffett Towers in Sunnyvale when they have Costa Rica, India, Prague, China, etc. I wonder.
The new Bay-Area HQ is merely so that they DO have a snail-mail "Bay Area HQ" as sort of a status-symbol HQ. You cannot be an American high-tech company, and be taken seriously, in some circles, unless you DO have such a "Bay Area HQ"... For the "cachet", in other words. The "Bay Area HQ" photos will be airbrushed, and the smell of the nearby landfill, sewage treatment plants, etc., will NOT come through on the HPE official web site!
But as far as housing ANYONE other than flunkies to the top level mis-management, there will be few if any jobs there for the rank and file...
So, what’s the new Bay Area HQ for?
that makes a ton of sense. bay area too expensive for low margin businesses