Thread regarding Hewlett Packard Enterprise (HPE) layoffs

HPE Never Intended to Succeed

An interesting and very likely observation was made by another contributor in a thread. Because it was buried a bit, it was unlikely to get the attention it deserves.

His or her hypothesis is that the company HPE was never intended to succeed. The point was to liquidate assets by successive spin-offs. This would leave a tottering derelict of a company, which is pretty much what we are seeing today in January 2018.

Meg the Destroyer did her function perfectly in this scenario, and is to be applauded for such a fine performance.

Interesting thought.

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| 3261 views | | 12 replies (last February 1, 2018) | Reply
Post ID: @OP+Rovd4Bj

12 replies (most recent on top)

HPE is a sh--hole.

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Post ID: @8wge+Rovd4Bj

This makes a lot of sense. Everything from the green rectangle logo to the implementation of salesforce/clickmobile etc. feels rushed and "good enough for a temporary company." I can almost hear the executives saying this. "Good enough until we sell it" also sounds plausible.

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Post ID: @2ili+Rovd4Bj

"..she really believes she is a hell of a leader..."

Astonishing arrogance, perhaps supported by the power of knowing you destroyed thousands of lives and it did not hurt at all.

I was one of them.

You are next.

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Post ID: @1nek+Rovd4Bj

The is a fact. Meg had would get more $$$ if she shuts the shop down. There was an article a while back around this.

Highly criminal what that woman did. Every full monk male could have done the same and kill thousand of jobs.

Saw an interview on CNN with her... she really believes she is a hell of a leader.

No words anymore

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Post ID: @wkx+Rovd4Bj

HPE also did not take on the legacy debt from HPQ. This is another pointer that signals a sale if HPE.

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Post ID: @hpy+Rovd4Bj

"Dion is doing ok with the PC/printer side but I think it's success is temporary."

The printer biz sure has changed since my time in it. I still remember when DeskJets were hot sellers and we were expecting people to make their own photo prints with inject printers. Now it's all about multifunction devices.

I don't see printers going away, but the golden age of inkjet printing seems to be over. Some 10 years ago I heard VJ give a talk on the future of inkjet printing. He shared an anecdote about his daughter. He bought her an HP computer/camera/printer bundle. To his dismay, she didn't even open the printer's box and just shoved it into the closet. He told us that is wasn't just his daughter who was doing that and that the lesson is that people hardly print at home anymore, at least not on inkjets.

Same with PC's. A mature and stagnant market. But unlike printers, they don't generate higher margin consumable sales, though I have to wonder how many people buy "official" laser toner cartridges? I don't, because the manufacturer ones are expensive.

Anyway, this brought back memories from the old SPR days.

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Post ID: @bfq+Rovd4Bj

"Another thing to remember is HPE is selling all of it real estate. All California and Texas sites are either sold or for sale."

I'm sure the Bay Area properties are worth quite a bit, possibly billions.

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Post ID: @cur+Rovd4Bj

Right. What we will likely never know (or at least for a long time) what the original plan was.

I am not saying Meg did everything perfect, she didn't. The other BOD members may have decided to break it up but she asked for some time to try to fix it. Or maybe she was part of the decision to get it into a position to be broken up and then maybe the two halves could survive. Who knows but in the end, I don't think anyone could have saved it (but if I knew what to do they would have asked me.) :)

Dion is doing ok with the PC/printer side but I think it's success is temporary.

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Post ID: @dqb+Rovd4Bj

If this is the case Meg is doing the right thing in managing the euthanasia of HP. The company could not be saved so just manage it until it dies or parts of it be sold.

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Post ID: @dlk+Rovd4Bj

If the BOD and Whitman concluded pre-split HP couldn't be saved together, then it makes sense. They might be doing the only thing possible - end HP. I believe HP Inc will also split and the HP name will stay with printers. That's all that will be left of the company. The PC's and HPE business will be wound down or sold off.

It's just possible they were right, there is no fix.

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Post ID: @jjk+Rovd4Bj

Another thing to remember is HPE is selling all of it real estate. All California and Texas sites are either sold or for sale. I’m sure it’s the same for other locations too. This reduces the company size as well in preparation of a company sale.

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Post ID: @rih+Rovd4Bj

This is purely speculative (for me at least), but yes, this could make sense. The Meggot (and maybe the BoD as well) get together with wealthy speculators (investors), and they see what has become quite obvious to many-many employees... That the middle and upper reaches of HPE management have become rife with absolutely clueless management that gives not one hoot about serving the customers... They only serve themselves. These managers are so entrenched, there's no way to efficiently ditch and replace them. The only way to extract value from HPE, then, is to invest in whoever is going to buy the pieces, and whittle HPE down to nothing. Makes sense to me!

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Post ID: @tty+Rovd4Bj

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