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HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook

CNBC LogoCNBC11h ago

HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook - CNBC

Quick Summary:

Management said execution wasn't perfect across the board in the January quarter.

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HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook - CNBC (Picture 1)

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Article Details

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 21:59:43 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 26708396

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About CNBC

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Main Topics: Technology

Official Website: cnbc.com

Update Frequency: 9 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #35

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The story "HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook" was covered 11 hours ago by CNBC, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 9 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26708396
  • URL: https://beamstart.com/news/hpe-to-cut-2500-employees-17412984231324

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