Software Product Based Company VMware India to Layoff 200 employees from its India location as part of its latest workforce reduction plan and focuses on the strategic initiative. The majority of the employees are from the Bengaluru location.
This layoff news came when the company is laying off employees from US-based locations. According to CRN, Shawn Toldo, Vice President of VMware’s Worldwide Partner Organization, also laid off.
VMware India has approximately 7,000 employees in India, spread in Bengaluru, Pune, and Chennai locations. India is the second-biggest region after Palo Alto for VMware India.
Interestingly, company Dell owns over 80% of the VMware shares and recently announced layoffs in the U.S. region, and now VMware is laying off employees across India and U.S.
According to the TIO report, VMware spokesperson confirmed India’s workforce reduction; VMware would provide support to affected employees during coronavirus pandemic. VMware also confirmed that it would continue to recruit employees as per the strategic need for the company.
A couple of years back, VMware announced to invest $2 billion in India spread over five years since then. The VMware India team has significantly contributed to developing major VMware products, including AirWatch mobile management technology and NSX (network virtualization) products.
According to one source, VMware is in good shape and is turning to be ready for the future around Cloud, security, and digital. While the company said to help fired employees through internal job opening, multiple employees called the whole internal job search a joke in one of the anonymous forums. They also said that the company wants to hire younger, cheaper people and train them in the latest technologies.
VMware was founded in 1998 and headquartered in Palo Alto, California, United States. VMware has over 20,000 employees worldwide; however, India’s location has approximately 7,000 employees. Some of the popular Products from VMware are VMware vSphere, VMware ESXi, VMware Fusion, VMware Player, VMware ThinApp, VMware View, and VMware Infrastructure.
It is not very common to have layoffs in Product based company; however, VMware India Layoff 2020 is undoubtedly a sad News for Indian employees. It is very challenging to find another IT job in this situation when hiring is still slow in the Indian IT Industry.
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