HPE cuts 2,500 jobs, expects Juniper buy to close year-end ’25, faces tariff issues
Despite a mostly positive revenue report for the first quarter of its fiscal 2025, HPE executives detailed a number of challenges the company will face in the coming months, including layoffs, a court case over its proposed buy of Juniper Networks,
HPE Plunges Most Since 2020 on Weak Profit Outlook, Job Cuts
(Bloomberg) -- Hewlett Packard Enterprise Co. fell the most since 2020 after it said profit in the coming year would be hurt by tariffs, weak margins on server sales and execution issues. The company also said it would eliminate about 3,000 jobs.
HP Enterprise announces plans to cut 2,500 jobs
HP Enterprise (HPE), on its earnings conference call, said it sees additional opportunities to take incremental corporate cost actions to
HPE to cut around 5% of workforce after releasing 2025 earnings forecast
HPE CEO Antonio Neri confirmed the job cuts during the company’s first-quarter 2025 earnings call after markets closed on March 6.
HP to layoff 2,500 employees amid cost-cutting measures
Hewlett Packard Enterprise (HPE) is set to lay off approximately 2,500 employees over the next 18 months as part of a cost-cutting initiative, following a lackluster financial performance. The decision comes as the company aims to trim expenses by $350 million by 2027,
HPE's profitability under pressure as tariffs, inefficiencies, and job cuts weigh on margins
Despite a 16% growth in sales, Hewlett Packard Enterprise (HPE) issued a weaker-than-expected profit forecast and announced a layoff plan affecting 3,000 jobs.
HPE unlikely to provide guidance due to pending Juniper acquisition: BofA
Hewlett Packard Enterprise (NYSE:HPE) is unlikely to reveal any guidance when the company reports its first quarter fiscal ...
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HPE To Reduce Workforce By Five Percent In Midst Of Server Margin Pressure, Tariff Impact
Here’s a look at why Hewlett Packard Enterprise is reducing its workforce by five percent or about 2,500 positions with ...
HPE set to cut thousands of employees despite results rise
HPE is planning to terminate 3,000 worker contracts via layoffs and attrition, but says it won’t see the benefit until 2027.
HP Enterprise's outlook dims on tariffs, 'aggressive competitive pricing'
HP Enterprise faces tariff impacts, competitive pressures, and AI inventory challenges, prompting lowered earnings guidance.
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HPE CEO Antonio Neri On Layoffs, Tariffs And ‘Massive Opportunities’ With Private Cloud AI, Gen12, Alletra MP
HPE CEO Antonio Neri is urging partners to capitalize on the “massive opportunities” with HPE Private Cloud AI and ...
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HPE shares slide 16% on weak full-year earnings outlook
HPE's revenue rose 16% year over year in the quarter ending on Jan. 31, according to a statement. The company was left with ...
HPE Revenue Soars, Cash Flow Dips
Hewlett Packard Enterprise reported solid revenue growth for its first quarter of fiscal 2025, while facing pressure on cash ...
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HPE revenue outlook feels the thump of Trump tariffs
HPE is feeling the effects of the Trump administration's gamesmanship, seeing shares slide after lowering earnings ...
Why AI Will Continue To Heat Up The Networking Market in 2025: Pt. 1
It’s going to be a fascinating year in large-scale enterprise networks. The networking infrastructure market continues to be ...
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HPE Delivers Strong Q1 Revenue Growth Despite Market Pressures
Hewlett Packard Enterprise (HPE) has reported strong double-digit year-over-year revenue growth in its fiscal 2025 first ...