"(...)Some of the chatter may centre on the possibility of job cuts with insiders on the sales floor expecting a double digit percentage of employees to be chopped at the end of this financial year - some suggested it could be 20 per cent which would equate to a clear-out of thousands.(...)"
https://www.theregister.co.uk/2017/09/15/hpe_slices_and_dices_globo_org_chart/
my cash is on a high number because it's the only thing left open to improve profitability<<
Come on man. You are just throwing something out there. I'm telling ya...barring a company aquisition, we are cut even too deep currently. May see onsie/twosie here and there...5% max.
Dear Ex-HPE employee
We regret to inform you that as of today you are no longer....
Love The Management
Time will be the final arbiter of who is right and who is wrong - my cash is on a high number because it's the only thing left open to improve profitability given the dismal results.
I'm not believing the 20% WFR number y'all. Figure was blurted out on one of these threads some time back. I do not believe this is a factual percentage. I say this because, recent large layoffs were taken in prep for both spin mergers....DXC/MFocus.
The organization is truly cut to the bone. If anything we are still top heavy. Many layers of middle management. Still Lotsa contract workers. So...we will see. Barring the sale of the company, I don't think we will see 20% reduction. We are down from 300+K employees to around 58K.
HPE in the UK epitomises what is wrong with the company following the various recent threads. The rot is set from the MD down through the line management and anyone who bothers to looks at the idiotic Twattersphere posts from the MD through to the general high-fiving on the inspire17 tweets orchestrated by his management team will realise that until these buffoons get fired things can only get worse.
Of course they are the ones in charge of the cull, so will protect themselves and more of our real talent will disappear to minimum deal WFRs and those that just leave because they have had enough.
None behave worse than the small/midmarket management team where fear rules the roost, performance against budget is woeful and the atmosphere is so toxic if you say a contradictory word out of turn then vengeance is swift and severe.
A lot of colleagues are reaching out to recruitment consultants - some are being told that an ex-HP hire is no longer considered gold plated - bronze at best - because the brand reputation has been trashed.
As we like to say in Scotland from the glorious film Braveheart - “They may take our lives, but they’ll never take our freedom!
Yes, same rumours from another part of the UK. Pissed off I didn't take a WFR earlier in the year when it was offered, I'm sure it's watered down now. Sad thing is I stayed because I love the product I work on, the last 9 months has killed moral. Clueless leaders at the top and powerless and stupid middle management have killed this place. Well not clueless, selfish bastards out for themselves and see employees as a cost rather than an asset. I should have a job offer next week, but even if I don't I feel like just resigning anyway the place is that toxic now. Rumours are the whole EMEA sales division will be culled on Monday morning. As an engineer reporting into the US on a small site, I know we are f---ed now. Good luck to fellow employees, I'm checking out before it crashes through the floor....
HPE is a terrible place to work... just like ALL the other conglomerates... they're run by MBA's and Wall St...
20% in the UK? Not surprising considering it was singled out as a tough market. Now, 20% in North America... that's Armageddon.
I suspect the chatter is valid. HPE is following its stepchild, DXC, into oblivion.