HPE and IBM swing the axe on jobs

Marian McHugh
clock • 3 min read

Both vendors have admitted that job cuts are planned as COVID-19 hits their respective financial targets

Both HPE and IBM are undergoing layoffs to salvage their bottom lines as the financial impact of the coronavirus pandemic takes shape. In in an earnings call for its second quarter ending 30 Apr...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
HPE CEO Antonio Neri: AI 'momentum' increasing, enterprise adoption 'accelerating'

Vendor

HPE CEO Antonio Neri: AI 'momentum' increasing, enterprise adoption 'accelerating'

‘Customers are exploring new ways to use AI, adding to our already robust pipeline and creating even more runway for our broad AI offerings,’ said HPE CEO Antonio Neri as the company released fiscal third quarter financial results. ‘Enterprise interest in generative AI is high, and while adoption is still in the initial stages, it is accelerating.’

clock 05 September 2024 • 6 min read
Palo Alto Networks completes IBM QRadar deal

Vendor

Palo Alto Networks completes IBM QRadar deal

‘Our partnership with IBM reinforces our commitment to innovation and our conviction in the tremendous benefit of QRadar customers adopting Cortex XSIAM for a robust, data-driven security platform that offers transformative efficiency and effectiveness in defending against evolving cyberthreats,’ says Palo Alto Networks CEO Nikesh Arora

clock 04 September 2024 • 3 min read
HPE's planned Morpheus Data buy will give GreenLake its 'next major leap'

Vendor

HPE's planned Morpheus Data buy will give GreenLake its 'next major leap'

“With the acquisition of Morpheus Data, we will take the next major leap to make HPE GreenLake cloud the de facto platform for innovating across hybrid IT,” says HPE’s Fidelma Russo

clock 16 August 2024 • 2 min read
Marian McHugh
Author spotlight

Marian McHugh

View profile
More from Marian McHugh

CHG Meridian aims green financing option at channel

Is 2021 the watershed year for the channel's sustainability efforts?

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

Get the newsletter

More on Vendor

HPE CEO Antonio Neri: AI 'momentum' increasing, enterprise adoption 'accelerating'
Vendor

HPE CEO Antonio Neri: AI 'momentum' increasing, enterprise adoption 'accelerating'

‘Customers are exploring new ways to use AI, adding to our already robust pipeline and creating even more runway for our broad AI offerings,’ said HPE CEO Antonio Neri as the company released fiscal third quarter financial results. ‘Enterprise interest in generative AI is high, and while adoption is still in the initial stages, it is accelerating.’

Steven Burke
clock 05 September 2024 • 6 min read
Palo Alto Networks completes IBM QRadar deal
Vendor

Palo Alto Networks completes IBM QRadar deal

‘Our partnership with IBM reinforces our commitment to innovation and our conviction in the tremendous benefit of QRadar customers adopting Cortex XSIAM for a robust, data-driven security platform that offers transformative efficiency and effectiveness in defending against evolving cyberthreats,’ says Palo Alto Networks CEO Nikesh Arora

Mark Haranas
Mark Haranas
clock 04 September 2024 • 3 min read
Schneider Electric new VP of channels: 'AI has created major demand for on-prem and hybrid IT, and datacentre technologies'
Vendor

Schneider Electric new VP of channels: 'AI has created major demand for on-prem and hybrid IT, and datacentre technologies'

Hanne Sjøberg tells CRN she wants partners to upskill their teams and embrace new opportunities such as AI

Kelsey Rees
Kelsey Rees
clock 04 September 2024 • 2 min read