VMware Joins AT&T, Verizon, IBM on Unsettling 2019 Layoffs List
VMware on Wednesday confirmed that it will shed a “limited” number of jobs this week, in what the company says are routine layoffs, part of standard workforce rebalancing.
The vendor, 82 percent of which is owned by Dell Technologies, will try to find new positions for some of the impacted employees where it strategically makes sense. It also plans to continue hiring new employees. VMware reportedly has 2,000 job openings listed on its website.
“We can confirm that there have been a limited number of changes to our workforce this month,” the Palo Alto, California-based company said in a written statement. “This is a part of regular workforce rebalancing that ensures resources across VMware’s global businesses and geographies are aligned with strategic objectives and customer needs. We have an active employee support program to ensure, where possible, impacted employees will be redeployed to open roles within VMware. We continue to recruit in areas of strategic importance for the company.”
About one year ago, VMware also confirmed a small reduction in its workforce as part of routine housecleaning.
News of the layoffs comes on the heels of the completion of the Dell technologies Class V common stock (DVMT) transaction on Dec. 28. VMware says that payment is $11 billion.
At the same time, Dell Technologies went back on the stock exchange as a publicly traded company.
“Our world is undergoing a digital transformation that will change every aspect of how we live, work and operate as a society,” said Michael Dell, chairman and CEO of Dell Technologies, in a company statement. “Dell Technologies was created to be the essential infrastructure company for this digital era, and with today’s announcement, we are aligning the interests of our stakeholders to benefit from the integrated innovations and value creation from across our entire family of businesses.”
Already this year, we’ve received confirmations from telco giants AT&T and Verizon that they are cutting jobs, as well as some former IBM workers who got pink slips after Big Blue sold one part of its business.