Hewlett-Packard becomes HP Inc. and HP Enterprise

[HEXUS]

Founded in 1939, the iconic company has split into two separately listed entities.

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[crossy]

HPE says ... it will focus on four key areas which include; building hybrid tech infrastructure, empowering data-driven management, protecting digital enterprise, and offering best-in-class experiences for employees, customers and partners.

Hmm, undoubtedly the "New Style of IT" (some more HPE corporate speak for you) will generate some genuinely interesting setups, but I have a problem trying to square the aim of "offering best-in-class experiences for employees" with headlines like "Hewlett-Packard's latest job cuts would fill a small city" (Fortune) and "HP to slash up to 30,000 jobs ahead of split" (FT).

There's also the small matter of HPE's board stating that they're going to move more and more business "to less costly locations" - which common-sense would dictate means a lot of P45's for those poor blighters in the US, EU and UK in addition perhaps to the slash 'n' burn that they already announced.

Given I've got HPQ shares I hope I'm wrong and the company goes from strength to strength, buoyed up by those many talented individuals that they have (at the moment?). However,...

Sorry if this sounds bitter, but I am.

[Splash]

Dunno about anyone else, but HP seem to me to just be suffering massively from poor leadership. Fiorina, Hurd, Apotheker and now Whitman. They just sold Tipping Point to Trend Micro for what I hear is $300m USD - that seems pretty cut price for a highly regarded IPS offering in a market where intrusions are making big news on a regular basis.