Latest News

Downer invests in security as contracts increasingly demand it

Teen researcher with AI hackbot cracks Microsoft's Titan analytics

OpenAI, Anthropic CEOs called to appear at Australian AI probe

Bupa builds single customer view to personalise healthcare

The AI era demands a new kind of network

HPE lays out US$1 billion savings plan, pay cuts

By Staff Writer

May 22 2020 12:49PM

Quarterly profit misses targets.

HPE lays out US$1 billion savings plan, pay cuts

Hewlett Packard Enterprise on Thursday unveiled a plan targeting gross savings of at least US$1 billion by 2022 and cut the base salaries of top executives by 25 percent as the software maker seeks to weather the coronavirus crisis. Shares, down about 35 percent this year, fell nearly 6 percent ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

financial services hewlett packard enterprise hpe

Partner Content

Unmanaged SaaS is now a compounding liability. Can your governance keep up?

Promoted Content Unmanaged SaaS is now a compounding liability. Can your governance keep up?

State of Security 2026: Application Security

State of Security 2026: Application Security

Australia's security gap is a network problem

Promoted Content Australia's security gap is a network problem

Seven West Media drops Teradata in intelligence layer modernisation

Seven West Media drops Teradata in intelligence layer modernisation

SPONSORED RESOURCES

Can your organisation prove its AI is trustworthy?

Can your organisation prove its AI is trustworthy?

AI Security Readiness

AI Security Readiness

Forcepoint AI Data Security

Forcepoint AI Data Security

How much open-source malware can you really prevent?

How much open-source malware can you really prevent?

ITIL® AI Governance

ITIL® AI Governance

Events

Most Read Articles

Westpac spends US$12,000 in AI tokens on intranet migration

Westpac spends US$12,000 in AI tokens on intranet migration

Suncorp Group brings AI into its risk function

Suncorp Group brings AI into its risk function

Meet Adapt, Westpac's Azure-based enterprise data platform

Meet Adapt, Westpac's Azure-based enterprise data platform

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Australian tech consultancy Alchemy Impact enters liquidation

Australian tech consultancy Alchemy Impact enters liquidation

Evergreen aims to add three more ANZ companies in next month

Evergreen aims to add three more ANZ companies in next month

xAmplify acquires ServiceNow specialist Accelerate IT Solutions

xAmplify acquires ServiceNow specialist Accelerate IT Solutions

ASD sounds out market for ITSM support

ASD sounds out market for ITSM support

Anthropic names head of ANZ enterprise

Anthropic names head of ANZ enterprise

Most popular tech stories