Outlook Disappoints

HPE reports Q1 revenue up 16% YoY to $7.85B, vs. $7.82B est., Q2 and FY 2025 guidance below est., and plans to cut ~2,500 staff over 18 months; HPE drops 15%+

these factors are affecting its outlook Moneycontrol : HP to lay off 2500 employees to cut cost Tom Jowitt / Silicon UK : HPE To Axe 2,500 Employees, As Outlook Disappoints TechRadar : HPE set to cut ...