Sneaky Monday morning layoffs a really bummer of a way to start the month of May.
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Micro Focus is very much like a VC, hence the choice of their new CEO from HPE (with experience at VC companies). It shows a profit by cutting costs (laying people off to improve operating margins). NOT by product development and innovation.
HPE software was a collection of disparate mostly stagnant business with no synergy, hence the bargain basement price. Expect more layoffs to improve margins and not much investment in the product portfolio.
The "6th largest software pure play) is rubbish/marketing jargon that no one even at HPE/Micro Focus believes. Micro Focus/HPE Software will be more of a value play with decent margins and will probably announce a dividend. But definitely NOT a growth play.
It's now Friday & we still don't know who, how many, what parts of org. Won't be a secret in a couple weeks but by then it'll be too late to make sure knowledge transferred & say goodbye. Is there some business point to rumor-mill propagation or is it just cowardice? We get that sometimes cuts have to be made, but have the guts to stand behind your decisions!
Yes the beginning of getting Micro Focused but they will win because they will be the 6th largest pure play software company...
Only the beginning of the reality of being Micro Focused...
The no communication thing makes it really hard... And someone please remind me again why I worked all weekend to meet a deliverable just to get a layoff notice, cruel.
Lots of fake candidates working as a QA and Java dev in El paso. Not right for people who have genuine degree and experience.
I got a call from my manager yesterday tell my position was no longer available is this something fishy ? I think but they want me to sign some papers but I am not sign anything
They won't even tell us how many. Must be bad.
This is Meg's Waterloo.