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flag Hewlett Packard Enterprise plans to cut 2,500 jobs globally to address financial and inventory issues.

flag Hewlett Packard Enterprise (HPE) plans to cut about 2,500 jobs globally to address financial challenges and inventory issues, particularly in their server unit. flag This reduction, impacting a 5% workforce of over 60,000 employees, aims to save $350 million by 2027. flag The layoffs will affect HPE's Houston region, though the exact number is not clear. flag Despite the cuts, HPE's revenue increased 17% to $7.85 billion in the latest quarter.

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