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HP Enterprise’s Results Reassure Investors on Tech Spending
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Tags: Computers,
HP formally splits into 2 businesses in November 2015- HP Enterprise in tech infrastructure and services, and HP Inc. in printers and PC's
09/15/2015
HP will separate printers and personal computers from the Enterprise infrastructure (servers, software) and enterprise tech services (cloud computing, data analystics, outsourcing software) in Nov. 2015. This will be done by consolidating the outsourcing part of the business in lower cost locations, cutting 30,000 jobs most of them in Enterprise services, in addition to the 16,000 cuts made in 2014. The purpose is to come up with a more focussed and nimble organization. HP Enterprise will look for opportunities in new business such as data analytics, cloud computing, where it faces competition from IBM and Amazon. HP Inc. will go into 3-D printing. Meg Whitman will be CEO of HP Enterprise and chairperson of HP Inc.
Grouped Articles
H-P Outlines Up to 30,000 More Job Cuts
Wall Street Journal 09/16/2015
Hewlett-Packard to Cut About 10 Percent of Work Force
New York Times 09/15/2015
Hewlett-Packard’s Split: Which Is the Better Half?
Wall Street Journal 11/10/2015
Why HP Needs to Keep the Ink Flowing
Wall Street Journal 11/27/2015
HP Enterprise’s Results Reassure Investors on Tech Spending
Wall Street Journal 03/05/2016
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