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Although this may seem bad for many of these workers, I know of a lot of other tech companies that will be chomping at the bit to pick up many of these talented
by USNetizen 11y ago
Although this may seem bad for many of these workers, I know of a lot of other tech companies that will be chomping at the bit to pick up many of these talented affected workers, though it may require a relocation in some cases.
As for HPE moving to these "low cost centers" for their talent, this is actually something I've seen happening where many larger companies are moving to smaller and mid-sized cities farther inland or down south in the U.S., places with adequate amenities to support their infrastructure and a decent workforce, but also within striking distance of large metros. The overhead and salaries in the DC beltway and Silicon Valley, for example, can be as much as 30-50% higher than locations just a couple hours drive away from them. So such a move to lower cost of living areas makes sense from a business perspective if you're running a services company in the IT industry and especially if you're serving cost-conscious government clients which HP has been doing in a big way lately.