HPE plans to cut about 2,500 employees over the next 18 months to reduce costs, despite a revenue increase of 16.9% in the recent quarter. The exact impact on Houston staff is unspecified.

The technology company in recent years relocated its corporate headquarters from Silicon Valley to the Houston area.

Spring-based Hewlett Packard Enterprise has revealed it is set to lay off an estimated 2,500 workers following disappointing economic performance.

The Spring-based tech company announced Thursday that it is looking to cut costs as its outlook for the year dims.