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VMware to cut 900 jobs

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61–70 of 83 posts

Re: VMware to cut 900 jobs

#61
post #21

i cannot believe it. > projecting revenue in the range of $1.17 billion to $1.19 > billion, compared with $1.25 billion expected by analysts. > VMWare shares fell 15 percent they're still talking about 1.2 BILLION in revenue. it's never enough ...

The absolute value doesn't mean much. It's where it's going that affects the stock price.

VMW had declining profits (with increasing revenues) for 5 quarters in a row now. That is very bad.

https://chart.googleapis.com/chart?cht=bvg&chs=323x200&#...

Re: VMware to cut 900 jobs

#62
According to a filing with the Securities and Exchange Commission Monday, the company will be making a "planned exit of certain business lines"

Anyone care to speculate about what these business lines are? The virtual network tech acquired with Nicira ?

Re: VMware to cut 900 jobs

#63
post #56

Earlier quoted context omitted.

Just because I was born in a public hospital doesn't mean perpetual claim on life. The government may force lower-than-market acquisitions for land in order to provide more prevalent transportation infrastructure, but that doesn't make it right. Other, freer options could have existed, but violence of the state impede their spread. I never signed the social contract; and food to slave does not entitle ownership. My u…

Is there a way out of the perpetual claim against my livelihood? Yes. Leave. Every minute you spend still here, you're re-signing the social contract. If you don't want to support the upkeep for the society you've chosen to participate in, and continue to choose to participate in with every action that isn't making for the door, then don't participate. You don't get to reap the benefits of living in a society without…

I'm not selfish, I want to be free.

I'm not against working and helping the needy, those born mentally handicapped to the poor, for example; what I'm against is what I consider to be the false: Benefit begets claim. I am happy to help the poor, and I do help them beyond the actions of the state.

The collective and violent claims by others stop my ability to leave since all habitable land is claimed. Furthermore, maybe I want to live in a collective much like Canada, but since not enough others hold the basic views that I hold, there is not yet a stateless society with voluntary order, including lifelong agreements to pay a portion of gross personal revenue to the collective.

Re: VMware to cut 900 jobs

#64

will they keep antirez on?

Don't worry for Redis :-) Either some good company like VMware pays me to code it, or as long as it is very used as it is now, I'll learn how to pay my bills using Redis services or products. But one way or the other I'll continue to develop it full time as long as users like the final result and use it.

Re: VMware to cut 900 jobs

#65
post #12
post #9

Earlier quoted context omitted.

In big companies good people can end up being laid off because they happen to be in the wrong team/group/project and some clueless bean counter decides that's the business that needs to be eliminated. As far as large companies go it gets a lot worse than VMware though they seem to have lost direction somewhat. The problem of largeness is that decision makers are so far removed from the decision they can't possibly ma…

And at small companies, a boss may fire someone they just don't like personally. And not all bosses at small companies necessarily understand what their underlings do for a company. At big companies, if it is done right, the upper level management may ask for input from 1st line managers as to who they should fire. Also, my last company, all managers had to rank their underlings, and those at the bottom had a chance…

Yes, you can be laid off from a small company because they lose one of their large clients for reasons that are absolutely nothing to do with you.

They will then look to trim off "luxury expenses" and if they are not a tech company, having a full time IT/dev guy is likely to be one of them.

Re: VMware to cut 900 jobs

#66
post #55
post #38

Earlier quoted context omitted.

What are the things you're migrating to ? I'm voting for VirtualBox, but I guess you could go with kvm which has slightly better performance in my experience. Care to share where you're moving to ?

The majority of their customers are corporate customers running ESX/ESXi, the only thing you could switch to would be Hyper-V.

oVirt is also an option, but your point that VMWare did not collect $1.3B from people wanting to try out Ubuntu on their laptops stands.

(Disclosure: I am not unbiased)

Re: VMware to cut 900 jobs

#67

According to a filing with the Securities and Exchange Commission Monday, the company will be making a "planned exit of certain business lines" Anyone care to speculate about what these business lines are? The virtual network tech acquired with Nicira ?

I'd speculate they're selling SpringSource to maybe Oracle.

Re: VMware to cut 900 jobs

#68

I shorted VMW just before the close today via puts. It was only 2 contracts and the strike price was at $90. I was going to bet more, I usually go in a position with 10 contracts, but I have some financial obligations coming up so I didn't want to risk too much. I have a few friends that work there. They are happy, but they say that the company lacks any sense of urgency. After Maritz left and more recently Steve Her…

I deal with them as a customer and I will tell you that everything you say is exactly the way their customers see it. We're begging to find a reason to move the rest of our stuff off VMWare. Their technology is dull and pedestrian compared to what some vendors are bringing in. They are very good at what they do but every time I talk to a person in the company it just feels like they are in maintenance mode and are bo…

[deleted]

Re: VMware to cut 900 jobs

#69
post #19

Earlier quoted context omitted.

Go figure; company goes public, company goes stagnant. Seems like a common theme in the industry.

Counting the EMC years, VMWare has been public for more than half its existence. By your assessment, it's been stagnant since before most people even heard of it.

Remove the EMC years then...

Re: VMware to cut 900 jobs

#70
post #59
post #38

Earlier quoted context omitted.

What are the things you're migrating to ? I'm voting for VirtualBox, but I guess you could go with kvm which has slightly better performance in my experience. Care to share where you're moving to ?

I expected posts like this to come flooding in. Posts by people who think virtualisation starts and ends with your efforts to get Ubuntu or Windows running in Virtualbox. Posts by people who have no idea what virtualisation in the enterprise is. This post should be on 'shit HN says' but without the context it won't make any sense.

well, what is virtualization in the enterprise? would you care to enlighten the rest of us?
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