HPE staff letter revealed!

As we reported earlier today, HPE's enterprise services unit will merge with CSC.

An HPE staffer, who has asked to remain anonymous, forwarded us the letter sent to staff, prefaced with the sentiment that "God HPE is a joyous place to work right now :("

The letter is signed by "Mike", almost certainly Mike Nefkens, the current EVP and GM of HPE Enterprise Services who will go to CSC to run the bits of HPE that make it across.

Here's the letter:

Big news: Enterprise Services spin-off and merger with CSC

To: All Enterprise Services employees

Today we announced plans for a tax-free spin-off and merger of our Enterprise Services business with CSC, creating a new pure-play global IT services powerhouse. We expect to complete the transaction by March 31, 2017.

We’ve greatly benefited from our journey with Hewlett Packard Enterprise, especially the recent momentum achieved since separation and particularly in the last two quarters. With your support and hard work, we’ve been able to turn around the Enterprise Services business so we would be in a position of strength to take this natural next step – joining with CSC to create a new company. With an expected $26 billion in annual revenue, we will be well-capitalized, and ready to compete and win against emerging services players. We will take the best of both Enterprise Services and CSC to form this dynamic new company, and together we will be much more agile, focused and able to go faster on our own.

For more details, I encourage you to watch this [regwalled for HPE staff] video where Meg and I discuss the deal – why it matters, why we are executing it now, and what it means for you.

I know first-hand that change can be difficult, but we are confident this is the right thing for our business. I am excited to take this leap forward and know Enterprise Services is ready for the next phase in our journey. Team, thank you for everything you’re doing. If you have any questions, please reach out to your manager, to your leadership or to me.

Thanks, Mike.


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