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back to article EMC reports mixed results, fingers axe: 'Reduction in force' planned

Storage giant EMC has announced its plans to lay off an unspecified number of staffers in Q1 and said in an SEC filing that it would record restructuring charges in the range of $130m to $150m. In the final few months of last year, EMC increased its revenues by $1bn, quarter on quarter, with Pivotal and VMware growing strongly …

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  1. Irongut

    Came expecting the picture of the axe and was dissapointed. :p

    0 0 Reply
  2. Anonymous Coward
    Anonymous Coward

    Don't worry, Cringely is on this

    According to Cringely's impeccable inside sources, EMC will be firing around 110,000 people. Since EMC only has 64,000 employees at present, it's going to make up the difference by firing several thousand people from H-P, NetApp, and Hitachi Data Systems.

    4 0 Reply
  3. Anonymous Coward
    Anonymous Coward

    Probably 2000 layoffs

    Apply the usual rule-of-thumb, and that restructuring implies around 2000 layoffs at the upper end.

    0 0 Reply
  4. Anonymous Coward
    Anonymous Coward

    Don't fire any EMC sales people

    How they are able to make a profit on VNX is beyond me. What a dog. They must be a talented bunch.

    2 0 Reply

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