HP says they are going to save 2 billion by laying off 30,000 employees. Not considered in the equation is how much revenue will be lost when the services provided by those 30,000 employees are no longer there. I think that the lost revenue will far out strip any savings from the layoffs.The bottom line is you shouldn't hire an individual unless that person is going to make you money. Having a bunch of people sitting around and not making you money is a strong indication of bad management practices. In that case it is the management that needs to go instead of the employees.
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When they WFR American DBAs and programmers and replace them with level 1 techs fresh off the phones in Costa Rica I sold HP short in every way I could. The stocks have fallen so much I now have enough to retire and am hoping I get a WFR notice.
Nobody is posting in the other page. HPQ is hardware-centric, and probably not laying anybody off now that the split has happened. If HPQ does lay off people, it won't be the sort of people that will come to Layoff.com.
People are acting like HPQ and HPE are still the same company. Meg is only head of HPE, best I know. I wish HPE employees would post on thelayoff.com/hp-enterprise or at least specify which company is being referenced. I do not know why this site has not updated the contents page to show the two new companies. That might help.
This is what bugs me about the way Meg and her cronies are dealing with HP's most important asset: people. I'm seeing work slow down because of layoffs and good engineers fleeing to greener pastures. If we can't fulfill our contractual obligations, we will lose this contract - how does that help the business? Even worse, one of our managers let slip what we were losing at the beginning of the year due to poorly negotiated contract terms; there was a turnaround at the end of the year (apparently we are now making a slim profit), but even if HP laid off every single engineer and support person servicing that contract, they wouldn't have covered the losses. WTF is that all about?
Basically, the problem is that the sleazy sales execs who negotiate these crappy, low-profit (or in our case, no profit) contracts, often using inside information (which us peons are forced to learn every year is wrong in our Ethics training, but execs must be exempt) get a win, take their big fat bonuses, and then quickly move to another company when their malfeasance is exposed. Layer on top of that an org chart that is thick with overpaid managers and executives, and you've got the bloated entity that is HP (in particular, HPE).