From Meg's email this morning:
"HPE Next will produce the long-term operating and financial blueprint for our company. It is a project on par in scope with any of the recent separations we’ve managed and is likely to determine HPE’s relevance in the years ahead. "
Press coverage of it here:
https://www.theregister.co.uk/2017/06/13/hpe_changes/
So wait, after the "transformation" now our relevance is in question???
You seriously cannot make this garbage up. I am just surprised that they are bothering to say it outright.
"As I mentioned last week, the planning phase of HPE Next must be completed by November 1. As with the prior DMO programs, we will communicate regularly on the progress of HPE Next."
"After the results, HPE said on a conference call it was looking to save $200m to $300m in costs by November by cutting discretionary expenses including employee travel, and reducing contractors and axing permanent staffers."
So at least 2 rounds of large cuts incoming since the timelines do not overlap. Way to go execs.