HP Enterprise (HPE), on its earnings conference call, said it sees additional opportunities to take incremental corporate cost actions to further strengthen its financial profile. “We plan to reduce our employee base 5% over the next 12-18 months through the reduction of approximately 2,500 positions and expected attrition. Doing so will better align our cost structure to our business mix and long term strategy.” The company expects to incur about $350M in charges related to the restructuring, with about $250M incurred during FY25 and the rest expected to hit in FY26.
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