Thread regarding Hitachi Vantara layoffs

It's that usual time of year again - Any rumors of a RIF and/or yet another Re-org?

With product revenue looking so bad in the Americas this year and especially bad for this quarter, is anyone hearing any rumors of a RIF next quarter or any word on whether yet another re-org is coming for FY22?

The 2 big initiatives for this year were return to growth and stronger together (ha ha) which have failed miserably so will we finally see the consolidation of the 2 BU's next year so lots of useless management can finally be fired as the only fat left to cut is Management?

by
| 2478 views | | 8 replies (last )
Post ID: @OP+1ecREioA

8 replies (most recent on top)

Kick Off conference to replaced with Kick Out WebEx.

by
|
Post ID: @nhdn+1ecREioA

The the storage legacy is coming to a end along with it’s revenue stream. HV’s cloud business is just smoke and mirrors. I can hear Nero playing his violin.

by
|
Post ID: @mjmn+1ecREioA

Keep us posted on how the next squid game turns out!

by
|
Post ID: @7wqr+1ecREioA

I sure do miss Hitachi. What a wonderful, ethical company to have been a part of.

All of HV’s plans fall to sh!t. Every time!!!

by
|
Post ID: @4ugc+1ecREioA

Probably more than 20%. Likely 33%.

by
|
Post ID: @4qvm+1ecREioA

Probably more than 20%. Likely 33%.

by
|
Post ID: @4xis+1ecREioA

15-20% impact in next 3-4 months.

by
|
Post ID: @3wfm+1ecREioA

We're expecting further workforce reductions prior to year end (March), reducing costs as a prelude to our weak YoY earnings and smaller marketshare. Trends indicate ~20% reduction as the shift to offshore accelerates along with more BU consolidation.

I believe the hope was GK could clean-up the mess created by BS/BS as a setup for Ltd divestiture (sale). There will be some "partnership" announcements w/GSI's (Cognizant) to help alleviate concerns of HV's relevance but Ltd will keep GK on a very short leash as their patience is waning

by
|
Post ID: @3ozh+1ecREioA

Post a reply

: