Whitman On The Record #HewlettPackardEnterprise CEO Meg Whitman spoke with CRN about the company's plan to simplify and streamline, #Aruba market share gains, #Cisco layoffs and why customers should make the move from Cisco #UCS to Synergy. The discussion with Whitman came after HPE reported adjusted earnings of 35 cents per share on sales of $9.9 billion for its second fiscal quarter ended April 30. The Wall Street consensus was earnings of 35 cents per share on sales of $9.64 billion. HPE revenues, when adjusted for divestitures and without the impact of currency and the Tier 1 server sales decline, would have been up 1 percent compared with the year-ago quarter, according to the company. HPE's core industry standard server business rebounded with sales down 1 percent when adjusted for currency and divestitures. As part of the next step in its transformation into a smaller and faster moving $28 billion company, HPE plans to take out as much as $200 to $300 million in additional costs in the second half of the year. "We are taking a fresh look at the cost structure for the new HPE," said Whitman. "As a smaller company, it should be much easier to spot opportunities to optimize the business, streamline processes and reduce costs."
http://m.crn.com/slide-shows/data-center/300086186/crn-exclusive-hpe-ceo-whitman-on-simplifying-hpe-arubas-share-gains-cisco-layoffs-and-why-ucs-customers-should-make-the-move-to-synergy.htm
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