Watch for layoffs 3/2/18
24 replies (most recent on top)
RLPWFPa-hesy What org? What location? What business unit? Still not buying this. Where are the news articles about this layoff? Still bet its a troll or isolated small target.
What city are you in and was it a layoff or "restructuring?" In other words - did they say you can apply for other positions within HP?
Yes looks like The Layoff Rumors were real. Sorry to see people getting let go when the company "appears" to have reported so well to Wall St. , Probably worried about future matching performance. Always have to do better than prior, that is where the super good money is for executives.
Do more with Less!
Sorry to hear that
I just got the call. Gone , March 16
Probably some HPE loser troll who hates life on the Titanic.
So far all quiet, Thus far looks like the comment "not Buying it" is winning...
I heard. Some groups getting dissolved, req's getting cut. Not sure if it's 3/2 or 3/5. All about wall street profit margins.
Let’s try this., does anyone Know of/or heard of, getting forced out the door recently from HPI? Any recent VR’s ?
WFR=Layoffs: People being pushed out in a double digit growth/5 consecutive quarters of positive earnings. All this with a company that cannot pay sales reps because the company cannot figure out how to gain reporting from resellers/channel/HP Direct.
Whatever happened to GAAP? Sarbanes Oxley act of 2002?
Calling BS on this one. "Layoffs" may not be the correct term. Maybe a handful of obsolete positions but not large scale.
What do the layoff packages look like?
Or do you get walked out immediately?
What's the target organization? Which sites?
And today they reported another quarter of double digit revenue growth and earnings. So also not buying it.
Lower Rung meaning Individual Contributors = Sales people at High Salary that manager at their discretion (although being mandated from Top Mngnmt/Finance) need to offer up for cost cutting. Since there is no way to track sales attainment due to failed sales tracking reporting, There is no justifiable stacked ranking in place. So in essence, it comes down to whomever the Manager feels is not pulling weight or has a conflict with.
What is considered lower rung?
Calls go out 3/2. Buy it or not. It is happening.
Heard going after the high paid , long time in position folks on lower rung. Basic cost cutting to decrease expense and show better bottom line to Wall St....Spring cleanings at HP Inc are back!
Not buying it
I thought HP was in good shape and layoffs were finally a think of the past
Everyone up for consideration in the context of the company improving the bottom line.
Who is considered safe and not safe this round?
All hand is 3/1/18. Who can ask Dion the question without being reprimanded?