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HPE Drops on Weak Profit Outlook, Will Eliminate 3,000 Jobs

HPE Drops on Weak Profit Outlook, Will Eliminate 3,000 Jobs

(Bloomberg) — Hewlett Packard Enterprise Co. plunged about 20% 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 it would eliminate about 3,000 jobs.