Thread regarding VMware Inc. layoffs

MORE TO COME!

VMware grew from 14,000 to 27.000 or 90% (FTE & contractors) from 2013 to 2016. Revenue only grew 20-30%. Senior management took their eye off the ball and over hired. Now the rank and file are paying for their lack of planning or knowledge on how to run a large company. More layoffs to come for sure as headcount and revenue figures are still out of whack by industry standards.

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| 2342 views | | 4 replies (last January 27, 2016) | Reply
Post ID: @OP+FD71cfH

4 replies (most recent on top)

Within 90 days of the deal closing. Start looking. You've been warned.

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Post ID: @1jbi+FD71cfH

get a grip buddy...your numbers aren't even remotely close.

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Post ID: @lgf+FD71cfH

They've to cut down more to survive. More to come in April I guess

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Post ID: @ylt+FD71cfH

Yup, expect a 50% cut within 1-2 years. Should be enough to keep the stock price above water.

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Post ID: @qre+FD71cfH

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