Hewlett Packard Enterprise is cutting 5,000 jobs as part of a wider effort to slash costs at the company, Bloomberg reported.
The layoffs will affect about 10% of HPE’s workforce, including employees both in the US and abroad, according to the report. HPE will start making the cuts before the end of the year, Bloomberg said.
HPE, which focuses on servers, software, and consulting services for businesses, has offices around the world, including in China, Brazil, and Switzerland. It split from Hewlett Packard in 2015 to become a separate company under CEO Meg Whitman.
In its short two years as an independent organisation, HPE has already undertaken several rounds of layoffs. Whitman announced a major restructuring in June 2016, which saw the departure of numerous company veterans and the consolidation of its sales organisation.
HPE did not respond to a request for comment.