Thread regarding Hewlett Packard Enterprise (HPE) layoffs

I started with EDS in 1999 and have been through all the changes we have gone through working at the same account. It's been 17 years and this was my first and only experience with corporate America. I've kind of just took everything in stride and kept my head down to do my best at work. Ever since we were bought by HP I haven't seen a raise or bonus at the end of the year except when I changed departments and that was just to get me to the bottom of the pay scale for that BA1 position. I still work as hard as I can to do my job well because I take pride in the work I do. But no matter what my supervisor on the account see me doing or what he wants to do, the account doesn't get a large enough pool of money to give raises or bonuses to everyone they think deserve them.

Meg makes Gordon Gecko seem like Bernie Sanders.

Well, @1smt... If HPEs' greatest asset are the employees, then for Meg the Company market value is less than zero...

Didn't Meg, in one of her all-hands meeting, say the company's greatest asset were the employees. She must have really meant her executive management in charge of divestitures, cost reductions, and benefits reductions. "Innovation is in our blood" and we got really good at innovating the split. So let's use that experience and talent to engineer our spinoffs, layoffs, and mutual destruction!

Actually there are a lot of good companies out the that are privately owned and don't have to answer to greedy shareholders and crony board members. Those that have owners who make a nice profit but also invest in making their employees happy because they understand that their employees are their most important asset. It's amazing how well people in these companies are treated compared to...

F--- Meg and all soulless elitist groin leeches.

I think the board members (with the exception of a few) are also partners in the loot with such CEOs who plunder and leave to the next ship to repeat their class act. After all, it is the board that selects the CEOs. The only times they fire the CEOs is when their own share of the loot is compromised by bad decisions/judgement by the very person they hired. How the employees get affected in all this churn is completely immaterial to these folks. This is true for the most part across corporate america. There are very few exceptions like Southwest airlines which has not laid off a single employee or cut the pay even once since the company was founded decades ago.

Sadly, this seems to be the trend in Corporate America today. A new CEO comes on board, bringing with them "senior leadership" personnel they've worked with before at some other company. Then, they proceed to cut jobs to make themselves look good to Wall Street - like they mean business. Meantime, they collect salaries and perks that would make a lottery winner look poor by comparison. But it doesn't matter to them because they'll make enough in a few years to retire or move on to the next ship to plunder. And the CEO makes out like a bandit, regardless of whether the company thrives or sinks, because they have a "golden parachute" built into their contract. Senior leadership loyalty extends only to themselves and their cronies - not to the company and certainly not to any lower-level employees.