When Hewlett Packard Enterprise CEO Meg Whitman said earlier this year that she wanted to cut out “layers” from the company, it wasn’t exactly clear what that would mean.
It’s still not clear, but a new report indicates that thousands of jobs will be lost as Whitman carries out her work at the company.
The reported cuts would dwarf the 600 layoffs the firm reported last year to California authorities, and would eliminate some 5,000 employees — 10 percent of its workforce, the report said.
“The cuts at the company, which has about 50,000 workers, are likely to affect workers in the U.S. and abroad, including managers,” Bloomberg reported, based on unnamed sources.
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Such a large reduction in headcount would certainly help meet the goal that chief financial officer Tim Stonesifer earlier this year said the company had set — saving $1.5 billion over three years. Read the full story at SiliconBeat.
