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HPE is still swinging the layoffs axe: 500 more services folk get chop

jeffty

The daft bit about all of these cuts isn't that the company isn't profitable in it's present form, it's just not as profitable as the shareholders want.

HPE and HPI (pre-split) made $7bn in profit in 2014 (on sales of $111bn).

I agree there's a lot HPE could be doing better, but a lot of it involves thinking smarter, overhauling internal processes, and investing in their infrastructure and staff. Problem is that all of these measures take years to produce meaningful results, and you can't do them half-heartedly or you end up in a worse mess than you were before.

The only measure the short-sighted management at HPE can come up with is to cut heads, even if they do meaningful/important/revenue generating work, like my former team.

If you feel the need to shed 40,000 staff in two years, then really it says one of two things about your stewardship:

1) You don't have a firm grip on the organisation (you're incompetent) and should resign as chairwoman/director/board member

2) You don't have a clue what these people do or why they matter to your organisation, and again, you're incompetent and should resign.

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