So what areas of the business are still bloated following the recent cuts?
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HT originally said the VMware acquisition would be different than CA and Symantec.
It is different. This one has “VMware” on the tin, the others didn’t. So that is the difference, nothing else changes. Shop and chop. Hock smash!
The EUC BU has been in a holding pattern, meanwhile Carbon Black is proof that bloat is eventually removed when the bean counters take over.
The KKR press release gave some hope to the fearful masses in our EUC BU. But I'm not convinced that claims of future investment by KKR are valid (given their PE history).
HT originally said the VMware acquisition would be different than CA and Symantec. Once the deal closed, all those who hoped for a different outcome had to face reality. Cuts.
https://www.youtube.com/watch?v=WdGVCjekkHk
@mjv+1rkQhWWV said:
"CEO needs to go"
Stock Market and shareholders would tend to disagree with you - I reckon he probably will be around long after you've gone
When each of the sellers are not making their 300%+ targets
Everywhere
I agree it’s all right sizing.
This summer Day 2 starts and all of Europe will have had there layoffs. That’s the end of phase 1.
Next year I see them looking at the accounts again and saying the bottom 50% in corporate. Let the channel handle them. Hence cuts in Sales, SEs, TAM, PS and support. Maybe that’s only 15% across those roles globally. It’s all about rightsizing the number of employees to the new business model. (High repeat spenders)
I mean we are approx 8k down already in staff. One of the most underreported layoffs in the industry.
All of it.
VCF and Sales still seem to be figuring out rightsizing.
Sales is an obvious one because of 100% overlapping sales coverage across the world. It's unlikely everyone gets to stay more than a year.
VCF is such a big umbrella with tech debt, finally consolidating duplicate features is good though. Can't wait to see where AI/ML or VMC go direction wise and to see just how many engineers it takes to finally integrate legacy acquisition features.
CEO needs to go
News hounds hunting leads to save their own jobs from poorly written, fact-agnostic AI-generated content are bloating this board.