Thread regarding Hewlett Packard Enterprise (HPE) layoffs

The Worst CEOs of 2015 - No. 1: Meg Whitman, CEO, HP Enterprise and Chairman, HP Inc.

Fox Business News, counting from 7 to 1 - Meg wins to be the worst ever. Thanks Meg for destroying HP and the terrible display of laying off people and selling HP to a foreign company (Micro Focus) is shameful. Micro Focus does not have a good track record either.

http://www.foxbusiness.com/features/2015/12/30/worst-ceos-2015.html

"There’s a new definition of a successful turnaround, folks. Here’s what it looks like: Four straight years of revenue declines, nearly $20 billion in write-offs and a staggering 85,000 announced layoffs. Meg Whitman calls that a turnaround. I call it a bloodbath."

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| 3471 views | | 6 replies (last September 7, 2017) | Reply
Post ID: @OP+P5xqKY8

6 replies (most recent on top)

I thought selling stock like she has isn't it inside trading? I thought it was illegal. Since she knows the future.

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Post ID: @4tfx+P5xqKY8

Not to mention Meg stepping off of HPI board, naming Antonio President and selling large blocks of preferred stock on several recent dates. Looks like she'z ready to jump from the plane and pull the golden parachute.

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Post ID: @2gsg+P5xqKY8

Remember there was a 2 year moratorium on selling HPE following the hp/hpe split. We are coming up on that 2 year anniversary. Interesting times ahead.

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Post ID: @2sls+P5xqKY8

HPI will carry on. HPE will eventually be sold, lock-stock and barrel.

This has nothing to do with feelings for Meg or disgruntled laid off employees. It will be a consolidation in the market. Currently, there are too many hardware players and the equipment has become comoditized. Also, the cloud...pushing sales downward. Will see

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Post ID: @1jkt+P5xqKY8

That's right. Even though it's 2 years old, HPE is now in a significantly worse situation than when the article was written.

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Post ID: @1gpm+P5xqKY8

This is 2 years old. Come on.

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Post ID: @1pxg+P5xqKY8

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