Chief Executive Officer Antonio Neri flagged concerns about cautious consumers and supply constraints during a post-earnings call. Beginning July 1, through the remainder of fiscal year 2020, the base salaries of the CEO and officers at the executive vice president level will be reduced by 25%, HPE said. HPE will now focus on investments and realign its workforce to evolve with its supply chain and real estate strategies, as well as right-size the business.
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