HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook

HPE to cut 2,500 employees as stock slides 19% on weak earnings outlook

  • Server maker Hewlett Packard Enterprise topped revenue expectations for the January quarter even as it faced a heavy discounting in the market.
  • But guidance for the new quarter and the full fiscal year was weak.
  • HPE will trim…

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https://www.nbcphiladelphia.com/news/business/money-report/hpe-shares-slide-16-on-weak-full-year-earnings-outlook/4127071/?os\u003dio..ref=app\u0026ref\u003dapp