In the week of EMC's self-congratulatory EMC World extravaganza in Las Vegas, the storage giant revealed it will slash 1,004 jobs. The cuts will be felt worldwide in the company's Information Storage, RSA Information Security and Information Intelligence divisions, according to EMC. The redundancies will cost the biz $80m. This …
This is the January VMware RIF that's being talked about.
[disclaimer - I work for VMware]
This is not an additional reduction in force at VMware, rather the one announced and executed at the end of January. (Written about here: http://www.theregister.co.uk/2013/01/29/vmware_q4_2012_numbers_layoffs/ )
Why not 1000? or are the 4 people they really want to get rid of
VMware Plans To Add Net 1000 jobs in 2013
This isn't exactly accurate, as the other comments noted, VMware's cuts have already occurred as part of a company focus on hybrid cloud, virtualization and the software defined datacenter. Certain elements of the business have been removed, such as selling SlideRocket and in the same earning call that they announced the cuts VMware also emphasized that it was still expanding, and said it planned to add a net 1,000 jobs in 2013.
mod edit - this chap appears to work for VMware
Here come da trainwreck
Cloud storage and tons of on-prem storage competitors, plus Hyper-v, KVM and Xen market share gains (VMware displacements) and it doesn't take a lot of thought to see what is really happening here. Planned job cuts almost always happen, whereas planned hiring increases are mostly PR fodder to keep the stock price up. Even if it were true, 1,000 out and 1,000 in isn't exactly a growing company. But, it is a company letting go of high paid workers and bringing in cheap labor to help the bottom line. Morale is gonna suck, if it doesn't already.
VMWare needs to come with something really good soon
Otherwise its market is going to begin to dwindle pretty quickly.
New customers are not going to come if they get acceptable performance/reliability from Hyper-V or if they just drink the cool-aid from MS.
- Facebook offshores HUGE WAD OF CASH to Caymans - via Ireland
- Justin Bieber BEGGED for a $200k RIM JOB – and got REJECTED
- Microsoft teams up with Feds, Europol in ZeroAccess botnet zombie hunt
- Review Bigger on the inside: WD’s Tardis-like Black² Dual Drive laptop disk
- Mexican Cobalt-60 robbers are DEAD MEN, say authorities