If you are here, chances are you are trying to find out if there are any HPE layoffs in the pipeline this year. It’s understandable if anyone at this time is concerned about what the next move of this company would be, especially considering its history of job cuts, including hundreds last year.

But before you start worrying too much, let me share something important. As of now, there is no official statement confirming that HPE will be laying off its employees this year as it did last year. Yes, there is no official statement yet confirming there would be HPE layoffs in 2024.

So, take a deep breath, and let’s dive into the details together. We will consider some factors that led to the previous HPE layoffs and what is the present situation of the company. Just keep reading!

First, Let’s Have a Closer Look at HPE

Before we tackle the issue of HPE layoffs, let’s take a moment to understand what the company is all about. That way, if you are hearing about the company for the first time or stumbled upon this post by chance, you will be able to understand the concerns of people about HPE layoffs.

Hewlett Packard Enterprise, or HPE, is a giant in the tech industry. The company is known for its innovation and contributions to computing, storage, and networking solutions. HPE is also popular for pushing the boundaries in areas like high-performance computing, artificial intelligence, and hybrid cloud services.

Created from the split of Hewlett Packard in 2015, HPE has focused on helping businesses transform their operations with technology. However, in recent times, the company has been in the news for restructuring its workforce, including having significant layoffs, in the bid of trying to adapt to market demands.

Just last year, HPE made headlines for cutting jobs in North America as part of a new go-to-market model, despite also hiring for specialized roles. This move caused panic in the hearts of both its employees and industry watchers.

So, when you hear people getting concerned because of rumors about HPE layoffs, you should understand the premise from which they are coming.

HPE Sure Has a History of Layoffs

HPE Layoffs
HPE Layoffs

Over the past five years, HPE has indeed seen a series of layoffs, including a massive round in 2023. These job cuts have been part of the company’s efforts to streamline operations and focus on strategic areas like computing, storage, and hybrid cloud solutions.

These layoffs weren’t just about reducing the number of their employees. Instead, they represented a shift in the company’s approach, focusing more on specialized roles while phasing out general sales positions.

The company said it had to take this difficult route in order to adjust to changing market conditions and align resources with its future growth areas.

Hundreds of Job Cuts Last Year in North America

In 2023, HPE made a tough decision to let go of several employees, especially in North America. This included territory account managers, enterprise account managers, and partner business managers.

HPE said they had to make the move to double down on their sales strategy, focusing on specialists who could drive growth in specific tech domains.

This move was partly due to overcoming post-pandemic supply chain challenges, aiming to aggressively gain market share now that those issues had subsided.

Why Was HPE Laying Off Its Employees?

Of course, we have given you highlights into why this company is cutting down its workforce. But particularly, many factors are responsible for this decision. Some of them include trying to adapt to market shifts as it now demands a more agile and specialized sales force.

The need for cost optimization and strategic realignment towards emerging technologies were also some more factors that contributed to these layoffs. They did all of these to ensure they stay competitive in the tech world which keeps evolving by the day.

So, if you love HPE, you won’t be too crossed with their decision to cut the workforce. You would agree that it is in the best interest of the company, especially now that competition has gone off the roof!

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Is HPE Laying Off This Year?

Now to the part many people have been waiting for: is HPE planning to lay off this year? Well, as of now, there’s no clear indication that HPE is planning to continue its layoffs in 2024. However, the situation is not constant.

Things can change at any time, especially considering the fact that market condition continues to change and that HPE is a company that is willing to do anything to remain relevant, even if it’s laying off employees.

So, if you are one of the employees or stakeholders of the company, you might just need to continue to keep a close eye on the company. Hopefully, the company’s future actions will enhance growth without further job cuts.

Which Employees Are Most Affected by HPE Layoffs?

Historically, HPE’s layoffs have often targeted positions that are seen as less aligned with the company’s strategic focus on high-growth areas.

Last year’s layoffs impacted general sales roles significantly, suggesting a trend toward valuing specialized knowledge and skills, particularly in sales, tech support, and development roles. Remote workers and middle managers are also often candidates for layoffs because of the nature of their roles.

Strategies for Surviving HPE Layoffs

Navigating through layoffs, especially in a company as large and influential as HPE, can be challenging. However, with the right strategies and mindset, you can emerge from these challenging times stronger and more prepared for the future.

Let’s quickly show you some tips that can help you survive and thrive during periods of uncertainty, such as layoffs at HPE.

#1: Stay Informed and Proactive

Knowledge is power. Stay abreast of company news, industry trends, and market shifts. This doesn’t just mean keeping an eye out for rumors about layoffs; it’s about understanding the strategic direction of HPE and the tech industry at large. Being informed helps you anticipate changes and prepare accordingly.

#2: Enhance Your Skill Set

The tech industry values expertise and adaptability. So, take this time to enhance your skill set, focusing on areas that are in high demand or are emerging as future trends.

This could mean deepening your knowledge in HPE’s core areas like AI, hybrid cloud, or high-performance computing, or branching out into new technologies. Many online platforms offer courses that can help you stay relevant and competitive.

#3: Build and Leverage Your Network

Your professional network can be a lifeline during uncertain times. Connect with colleagues, industry peers, and mentors.

Networking isn’t just about finding your next job; it’s about sharing insights, learning from others’ experiences, and supporting each other. Remember, opportunities often come from where you least expect them.

#4: Showcase Your Value

Make yourself indispensable. This means going beyond your job description to contribute to your team and the company’s success.

Whether it’s by leading new initiatives, improving processes, or helping to drive results in your department, showing your value can make a difference when decisions about layoffs are being made.

#5: Embrace Flexibility and Adaptability

The ability to adapt to change is crucial in the tech industry. Be open to new roles, responsibilities, or even a career pivot. Flexibility can also mean considering opportunities outside HPE, whether in different industries or startups, where your skills and experience can be valuable.

#6: Prepare Financially

We just need to be practical here. You may need to have an emergency fund in place and review your financial plans during this time.

This might mean tightening your budget or exploring additional income streams. Being financially prepared gives you peace of mind and allows you to focus on your career and personal growth during uncertain times.

#7: Focus on Well-being

And lastly, we also need to talk about you taking care of your mental and physical health. Layoffs and job uncertainty can be stressful.

So, engage in activities that promote well-being, such as exercise, hobbies, or spending time with loved ones. A healthy mind and body can improve your resilience, decision-making, and overall outlook.

Final Note on HPE Layoffs This Year

So, is HPE laying off employees this year? While there’s no official confirmation of layoffs in 2024, the company’s history and the dynamic nature of the tech industry suggest that it’s a possibility worth preparing for.

Whether you are an HPE employee, a partner, or just someone interested in the tech industry, you might just need to keep your fingers crossed and watch what will come out of this company in the coming months.  

FAQs

Is HP Laying Off Employees?

Yes, HP Inc., which is distinct from Hewlett Packard Enterprise (HPE), has announced plans for layoffs that will impact up to 6,000 employees globally over the next three years.

This decision was made public in early 2023 as part of the company’s restructuring plan, aimed at addressing challenges and optimizing operations amid changing market conditions.

Who is HPE’s Biggest Competitor?

HPE operates in a highly competitive landscape, with giants like Dell Technologies, IBM, Lenovo, Oracle, Hitachi Vantara, and Broadcom (VMware) as some of its top competitors.

These companies compete fiercely in the enterprise technology space, offering similar products and services, which makes staying ahead a constant challenge for HPE.

How Many People Are in HPE?

As of October 31, 2023, Hewlett Packard Enterprise (HPE) had 62,000 employees. This represented an increase of approximately 1,800 employees or 2.99% compared to the previous year.

This growth indicates HPE’s ongoing efforts to expand its workforce in strategic areas despite the broader industry trends of restructuring and layoffs.

Who Owns HPE?

HPE is a publicly traded company, and its ownership is distributed among institutional investors, private investors, and its employees. The largest shareholder is The Vanguard Group, Inc., holding about 12% of the shares outstanding.

Is HP Owned by HPE?

No, HP Inc. and Hewlett Packard Enterprise (HPE) are two separate and independent entities. The two companies were created through the split of Hewlett-Packard Company in 2015.

HP Inc. took over the personal computer and printer businesses, focusing on consumer electronics, while HPE focused on enterprise products and services, including servers, storage, and networking solutions.

This split was designed to allow each entity to focus more effectively on their respective markets and strategic priorities.

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