Thread regarding Hewlett Packard Enterprise (HPE) layoffs

"Hewlett Packard Enterprise: A Company In Chaos"

Finally the market is seeing the truth behind the smoke and mirrors:

"-Despite reporting in-line results in Q4, HPE stock fell on news of CEO Meg Whitman's departure.

-HPE fundamentals are still a complete mess, with declining revenues in its core server products.

-The software business, once considered the lynchpin of HPE post-split, has been sold to MicroFocus for $8.8 billion, eliminating a major growth driver for the company.

-High memory prices, specifically for NAND flash, continued to eat into HPE's margins.

-HPE lacks direction, and even new leadership won't be able to shake it up in the near term. Continue to avoid this stock, despite its new lows. (...)"

Continues at />

by | Post ID:
2776 views | 13 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

13 replies (most recent on top)

. Best post of the year on downloadbesttorrentblog.ru. This should be printed out and stuck to every executives desk or screen. Referring to people as 'talent' is a horrible word - but sadly it's true - no business can survive without talented and motivated people to drive it forwards. Similarly for 'innovation'. I'm out of HPE now, but I really do hope Antonio Neri can turn the company around. I won't bet the farm on it though, there's till the 3 month cycle of pleasing Wall Street to be done, and the way to do that seems to be either ruthless cost cutting or selling the family silver (HPE.next as it's called these days).

by | Post ID:

From the article: Meg continues to "embellish" and the text below that is the true story of that company.

In an exit interview with Fortune, Whitman continued to embellish the leaner, simpler HPE that she's built since initiating the split in 2015, and she commented that "the next CEO needs to be a deeper technologist." Her replacement Antonio Neri, a 23-year veteran of HP and its current president, has an engineering background.

Despite these comments, the unstated is fairly obvious: after two years of underperformance, it was probably time for fresh leadership at HPE. At the time of the split, HPE was supposed to be the growth machine - the idea was to separate this more attractive, software-driven, enterprise-facing company from HPQ (NYSE: HPQ), the more boring business that sells PCs and printers. The story of two HPs, however, has not played out as analysts had originally thought: in the year to date alone, HPE has underperformed HPQ by almost 50%:

by | Post ID:

There really needs to be a way to give props. You've earned it with this response.

by | Post ID:

WOW, thanks for the laugh. "agility needed to thrive" ? I'm not an angry old white man. I'm old and white, but not angry. I'm also very skilled and when I decided to leave your mess of a company last year I had countless top companies making offers. You can call me names, you can insinuate anything you want, but when you lost me you lost top talent (over 50 US patents, consistent top-rated, team lead, excellent results). I left because things were better elsewhere. Better? ANY PLACE is better. I suspect that's still the case a year later. I won't comment on why the entrenched people haven't left yet, but telling employees not to listen to ex-employees is silly. I'd like you to explain how Meg has improved HPE during her tenure. Bear in mind I wasn't a low-level employee, so I know the truth of the mismanagement around the Cloud organization and how, her (your?) final blow to the cloud organization was that she wasn't going to fund it because it was making her look bad ("embarrassing me" were your ... her exact words). Don't give me words Meg would use (like "agility" and "thrive")... give me words that a Specialist-level employee would use. How does she or he or xhe see how well you've (...... I mean "she") has performed. Bonus points if you can explain how it's "positive" that HP went from a very well-respected company with very high employee satisfaction to one regularly called a "sinking ship" or "train wreck." Finally, anonymous poster, please explain why HPi is performing incredibly well at this time, with HIGH employee satisfaction (I still have many friends over there) without having to slash and burn products, divisions and employees. In the same economic environment. Selling consumer products. Ready? GO

by | Post ID:

Been in chaos for over a decade now.

by | Post ID:

Sad to see the California mentality of running a business ruin what was a great company. If you haven’t been laid off yet, you should be looking for a new position... no if and or buts about it. There is life after HP. Open our eyes and see that HPE is being set up to be sold just like the services and software divisions or it will just fail. Meg and Co. got onboard too late with things like Big Data and Cloud Computing and the company no longer has any R&D. It is a sinking ship. While it is really cool to hire new, fresh talent it is also wise to keep the talent that kept you afloat. Older employees are not the reason for this floundering company which was beached in the years of Meg’s rein. She and her executive staff are horrible ships captains and should have walked the plank YEARS ago.

Excellent quarter my rear... they have been cooking the books for YEARS. Then you have the “new talent / cheaper workers syndrome that has infected HPE. When we were all called back to the office I had my first look at the “new talent” we had been hiring first hand. While there are some smart, talented ones there are also the Starbucks mentality, late to work, 2 hour lunches and early to leave “kids” who felt INTITLED! Yeah, keep hiring those 40K a year workers with no experience or work ethic, they are saving you so much money. The a lot of the talent has already left or been WFR’d so what do you have left? A bunch of managers who forgot how to work but are great at laying off their staff so they don’t have to bite the bullet and an ever churning executive staff that once they see behind the curtain.... they get the hell out as fast as they can.

by | Post ID:

"The author has no market credibility." It's really sad that this once great company has come to this. Anybody really think this isn't someone from corp speaking? Looks like that's all they have left.

by | Post ID:

If we had such a great Q4, then why are there no bonuses this year? Merit raises were calculated for a few of those left, but management got zero bonus pool when the 'budget' was released last week.

by | Post ID:

Meg and Antonio have driven this company into the ground.. wake up, smell coffee and give the kool aid back to the kids.

by | Post ID:

MISTAKE SORRY 1lxo - THIS IS MEANT FOR I hope the 4 people who are suing for Age Discrimination WINS!! Do you realize the people being laid off are due to favoritism and prejudices by higher management, because I have been told this by an insider who said they get prompted because they are one of the favorite employees. While still at HPE now Micro Focus this is all I see the favorites get rewarded even if they plagiarize and back-stab the person who shared knowledge and the non-favorites who do accomplish and are successful are suppressed to not to over shadow their favorites. It is a matter of time when I get WFR'd.

by | Post ID:

Really - I hope the 4 people who are suing for Age Discrimination WINS!! Do you realize the people being laid off are due to favoritism and prejudices by higher management, because I have been and been told this by an insider who said they get prompted because they are one of the favorite employees. While still at HPE now Micro Focus this is all I see the favorites get rewarded even if they plagiarize and back-stab the person who shared knowledge and the non-favorites who do accomplish and are successful are suppressed to not to over shadow their favorites. It is a matter of time when I get WFR'd.

by | Post ID:

The author has no market credibility. HPE had an excellent quarter, and Meg has positioned us - and Antonio - to have the required agility needed to thrive. Feel proud of being part of the HPE of the future. We will prevail. Don't listen to the ex-employees that are not part of the Company for a very good and obvious reason...

by | Post ID:

Somebody figured out how to copy paste. Bravo

by | Post ID:

Post a reply

:

Related pages


baker & taylor momence ilnvtl stocksanofi aventis layoffsexxon mobil mergersears store locator njoptimum store lindenhurst nyhome depot employee directoryhalliburton ceo salaryhoya memory disk singaporewhitewave foodfaculty portal itt techpower equipment direct bolingbrook ilst vincent hospital worcester maopenlink financial incalliancebernstein layoffsnational oilwell varco orange californiawalmart hours fall river mawww.ksidradio.combemis company oshkoshstaples fort gratiot miwww.5linx.comwesterngeco careersnetmanage incsrs labs incunited health group indianapolisally financial contact informationaltera incsaipem americachesapeake waynoka okoracle jobs atlantaweatherford employeestaples employee websiteverizon store saginaw mivipdesk comlindsay municipal hospitalsunoco tickertransdigm group incgardaworld mississaugaseagate fremont caamn healthcare services incapple store maine mallcabellas in ctcitrix systems ukalcoa lafayette inparametric technologies corporationapple at willowbrook mallbillmatrix new orleansphillips 66 corporate office houstonkmart buy now pay laterapple store at millenia mallwells fargo corporate office raleigh ncjobs in stonehousesears holdings phone numberchs franklinintel onsite interviewverizon tampa jobsall night walgreensjoeschmuckactavis dublincarrier corporation farmington ctruby tuesday toledoofficemax near me nowneiman marcus bellevue closingrio tinto layoffsteletech companykraft foods company profilesears auto center mauilowes corporate human resourcesfedex tickerjobs at cschp jobs rosevillemarshallmedicalapsupermarket.com