Is HPE done with the 10% workforce cut they announced last November? If not how much more to go?
I won't be surprised if they tack on another 10% to the previously announced cuts. It is like rolling blackouts of 2000-2001 in California - borrowing a parlance from the power industry overtaken by forces of extreme greed.
I'm hearing HPE is going to close the Andover site and laying off the supply chain group in October
"If you saw the “Employee Appreciation” email then you’ll know that the current tally is 32,000 employees. However, when I query employee data it’s still like 60,000+ employees."
Could be that they only appreciate 32,000 of the current 60,000 employees ....
If you saw the “Employee Appreciation” email then you’ll know that the current tally is 32,000 employees. However, when I query employee data it’s still like 60,000+ employees.
They seem to be proud of the fact that they have been able to execute these employee/cost cuts (a.k.a. hpenext) without disruption to revenue stream. This means they will likely do more of it in coming quarters.
10 percent and you think they are done? no, that is just the current segment.
Isn't that 10 percent reduction an evergreen exercise that is going on since 2001?