<ul><li>Hewlett Packard Enterprise (HPE) announced it will lay off 2,500 employees, about 5 percent of its workforce.</li><li>Although HPE recorded solid Q1 results with increased profits and revenues, its 2025 outlook disappointed investors.</li><li>HPE's share price fell 19 percent on Thursday as a result, and is currently down nearly 5 percent at $17.96.</li><li>The company also faced a setback in its proposed $14 billion acquisition of Juniper due to competition concerns raised by the US Justice Department.</li></ul>

HPE To Axe 2,500 Employees, As Outlook Disappoints

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