Despite the challenges, there are some promising partner-related business developments within HPE — including the company’s growing HPE GreenLake and Intelligent Edge businesses, along with a renewed small business server push for channel partners. Don't turn in your laptop until the last day. 2020 NBA Draft rumors: James Wiseman hopes Wolves pass on him at No. However the latest rumour, yet to be commented on or confirmed by HPE, is that the tech giant could be the subject of a massive $40 billion buyout. PE (FWD) 6.51. Current economic conditions are forcing many companies to significantly reduce workforce operating costs. One market that is nowhere near the consolidation stage is quantum computing. By Mark Wilson, Sharmishta Sarkar 05 August 2020. Major Russian telco company makes settlement with HPE, Are we done yet with the HPE Layoffs for 2020 given performance in Q2. —  In an emailed statement, an HPE spokesperson said, "We continue to drive support and R&D for HPE ProLiant for Azure Stack Hub with a talented team in the US and India, and we shift projects and resources between these locations regularly." EPS (FWD) 1.35. (The URL says HP but it is talking about HPE in the article.) 10,493 Hewlett Packard Enterprise | HPE reviews. Microsoft Wobbles Again: Do Azure Staging Procedures Need a Rethink? HPE also approved a plan that will “realign the workforce to areas of growth, including measures to simplify and evolve its product portfolio strategy, go-to-market configurations, supply chain structures, digital customer support model and marketing experiences, and real estate strategies.”. More certain is the fact that these deals will continue to reshape the HPC vendor landscape in the coming decade as companies go after new markets and consolidate their hold on old ones. Avoiding DR and High Availability Pitfalls in the Hybrid Cloud, A Central Bank Digital Currency? —  We've been told that Microsoft purchased about $500,000 worth of equipment that it had expected to use to help HPE with R&D. Without these cookies we cannot provide you with the service that you expect. Your email address will not be published. Over the past two weeks, Hewlett-Packard Enterprise has axed roughly 150 positions in the US, including Azure Stack Hub engineering roles and at least part of its SimpliVity team. An individual with knowledge of the situation told The Register that HPE axed eight of its US employees working on the Azure Stack Hub project on July 17, 2020, leaving a single manager in place. Required fields are marked *. In HPC, Panasas and DataDirect Networks stand alone – well, stand together – as the two HPC specialists left in the market. You can also subscribe without commenting. The SimpliVity team workers who lost their jobs were mostly in HPE's Westborough, Massachusetts, office and its Fort Collins, Colorado, office. • Operating Profit: GAAP of $12 million, up 101% sequentially and Non-GAAP of... read more, https://www.reuters.com/article/us-megafon-hpe/russias-megafon-settles-dispute-with-hp-over-system-failure-idUSKBN2621O6 But growing businesses can unconsciously sabotage their operations and their growth. And if you’re wondering about AMD’s piggy bank, the chipmaker has $1.2 billion cash on hand as of September 2019. The changes come amid falling revenues at HPE. 17.59. Following Vriji’s departure, HPE’s sales team will be aligned into a single organisation, led by Peter Ryan, while Bill Philbin will take over as head of storage. Meg Whitman is proving she has the "MIDAS TOUCH" afterall she was the GENIUS who selected ANTONIO NERI (i.e. Moreover, HPE had a $821 million net loss in Q2 2020, compared to a $419 million net profit in Q2 of 2019i. AMD, of course, already has a highly competitive lineup of CPUs and GPUs to challenge its much larger rival, and the addition of an FPGA portfolio would open a third front. Down to the Wire: AWS Delays “Path-Style” S3 Deprecation at Last Minute, Five Announcements You May Have Missed at Microsoft Ignite 2020. Hewlett Packard Enterprise (HPE) has warned that certain SSD drives could fail catastrophically if buyers don't take action soon. read more, or just go to While major tech firms such as IBM, Google, Intel, Fujitsu, Microsoft, and Baidu have already invested a lot on in-house development and are busy selecting technology partners, other companies have taken a more wait-and-see approach. —  Our source told us that without the US team focused on R&D, HPE will no longer be able to add support for new platforms to Azure Stack Hub. Net revenue was $6.0 billion in Q2 of fiscal 2020, down 16 percent for Q2 of fiscal 2019, the company disclosed May 21. By Canon Rumors | October 29, 2020 | Canon Lens Rumors Here is a lens diagram comparison between the EF 50mm f/1.8 STM and the upcoming Canon RF 50mm f/1.8. Normally, the data is still protected in a RAID even if one or several drives fail. Earlier this month, our sister publication Blocks & Files reported that HPE planned to eliminate an undisclosed number of positions as part of a restructuring effort to unify the SimpliVity and Nimble disaggregated hyperconverged infrastructure (dHCI) R&D teams. Here's an overview of our use of cookies, similar technologies and Jobs and people are throwaway, disposable, and expendable to hpe leadership. It offers in-depth coverage of high-end computing at large enterprises, supercomputing centers, hyperscale data centers, and public clouds. and ensure you see relevant ads, by storing cookies on your device. —  In their Q3 results they say revenue is down 6% YoY and that $500M of the $6.8B of revenue was backlog they cleared. Hewlett Packard Enterprise (HPE) is slashing executive compensation, reducing headcount and adjusting its real estate model to cut the enterprise technology company’s operating costs. The drives in question are 800GB and 1.6TB SAS models and storage products listed in the service bulletin here. —  Tech’s Big Beasts Team Up in Bid to Defend the Open Source Oasis: Will It Be More than Hot Air? HPE declined to confirm the specific layoff figure we heard for Azure Stack Hub, allowing only that it's a very small number. Storage revenue was $1.1 billion, down 16% year over year when adjusted for currency. TL;DR: Russian telco company threatened legal action against... 11,045 Hewlett Packard Enterprise | HPE reviews. this will give you threads that had recent updates. Moreover, HPE had a $821 million net loss in Q2 2020, compared to a $419 million net profit in Q2 of 2019i. How many are they looking to cut in this coming round? They perform functions like preventing the same ad from continuously reappearing, ensuring that ads are properly displayed for advertisers, and in some cases selecting advertisements that are based on your interests. The Bank of England Ponders Proposal, “Confidence in Chaos”? —  ", In 2017, HPE, which employs about 61,000 people globally, embarked on a more significant restructuring effort that dispensed with about 5,000 employees, a reduction in headcount that proved pleasing to shareholders. HPE beat earning... but investors may still not be convinced... Use of this website constitutes acceptance of our. Here’s a look at revenue within each of HPE’s business segments: In a prepared statement about the business turbulence and HPE’s corrective measures, CEO Antonio Neri said: “The global economic lockdowns since February significantly impacted our fiscal Q2 financial performance. A free inside look at company reviews and salaries posted anonymously by employees. One company that can play into all of these markets is FPGA-maker Xilinx. HPE declined to comment on specific customer engagements but disputed the notion that its team in India is incapable of developing and supporting Azure Hub Stack. If anything, the number of businesses bought and sold will increase as high performance computing, driven by AI and analytics, will extend into more application domains. Read between the lines, and that realignment plan typically means layoffs are coming. Or maybe, more to the point, who is left? While this is often necessary to keep companies financially... As part of this transition, Bill Hilf will be leaving HPE to pursue other opportunities.”. —  HPE sells a hybrid cloud product called HPE ProLiant for Microsoft Azure Stack Hub. —  The first crop of exascale supercomputers in the United States will be powered by some of the most computationally dense hardware ever assembled. ALL RIGHTS RESERVED. Will Government National Data Strategy Deliver on Eliminating Data Silos? Your email address will not be published. In the latter category, one that particularly stands out is HPE. Where's the rest of the $1.5B Q2 backlog?