Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
HPE reports Q1 revenue rise but lowers guidance, leading to stock drop and 2,500 job cuts.
Hewlett Packard Enterprise (HPE) reported a 16% revenue increase in its fiscal first quarter but issued lower-than-expected guidance for the second quarter and full year, causing its stock to drop significantly.
The company plans to cut 2,500 jobs, or 5% of its workforce, and expects to achieve $350 million in gross savings by fiscal 2027.
HPE also faces challenges from tariffs and market discounting, impacting its outlook.
31 Articles
HPE reporta un aumento de los ingresos del Q1, pero reduce la orientación, lo que conduce a una caída de stocks y a 2.500 recortes de puestos de trabajo.