Drastic headwinds in the server business are spurring Hewlett Packard Enterprise (HPE) to take drastic action. The company announced it would slash 3,000 jobs after a quarter in which excessive ...
Hewlett Packard Enterprise (HPE) is tumbling 16% after the tech firm reported slightly lower-than-expected fiscal first-quarter earnings per share and in-line revenue. HPE's Q2 revenue guidance ...
Spring-based software giant HPE pointed to a number of factors leading to its job cuts, including tariffs imposed by President Donald Trump. Update: This story has been updated with HPE's response ...
Hewlett Packard Enterprise said it would cut about 2,500 jobs, or 5% of its global workforce, in a cost-reduction program that came as the company said it expects its fiscal 2025 profit to be ...
Hewlett Packard Enterprise, the multinational tech company headquartered in Spring, will cut about 2,500 employees over the next 18 months through layoffs and attrition as part of a plan to reduce ...
March 7 (Reuters) - Shares of Hewlett Packard Enterprise (HPE.N), opens new tab fell 13% on Friday, after the AI-server maker said its annual profit forecast would be hit by U.S. tariffs in an ...
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 ...
Revenue grew 16% year-over-year to $7.9 billion, surpassing estimates by 1%. Non-GAAP EPS was $0.49, slightly missing the $0.50 estimate. Free cash flow declined significantly to -$877 million ...
After sharing a mostly positive revenue report for the first quarter of its 2025 fiscal year, HPE executives detailed a number of challenges the company will face in the coming months, including ...
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced eight new HPE ProLiant Compute Gen12 servers, the latest additions to a new generation of enterprise servers that ...
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