Many quotes of HPE’s CEO, Meg Whitman, explaining the state of HPE, 18 months after all the hijinks. Also, notes on some further cost reductions in the works: “We believe we can take out another $200 million to $300 million in cost in just the second half of this year.”
Stuart Lauchlan’s conclusion:
No-one can doubt the ambition in play here, a corporate reinvention on a massive scale that was never going to be entirely without bumps in the road.
See also his summary of the other half, HP.
“cut another 30,000 jobs” – shedding droves of people happens at big tech companies a lot. I always wonder how their system got so inefficient that they hired this many extra people. It’s a strange problem once you start thinking through it: each of those hires was thought to be needed to be profitable, and now all the sudden they’re not needed…?
Hewlett Packard Enterprise to cut 30,000 jobs
Seems like the Nokia acquisition was a bad idea? “As a result of the cuts, Microsoft said it will record an impairment charge of approximately $7.6 billion related to assets associated with the acquisition of the Nokia business in addition to a restructuring charge of approximately $750 million to $850 million.”
Microsoft Targets Hardware Business With 7,800 Job Cuts
I think SUSE is the gem in that crown, at least last time I heard their y/y momentum numbers.
Micro Focus guillotine will fall more frequently on Novell necks • The Channel – The Channel