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Very interesting article posted yesterday and getting a lot of attention today.
VMware confirmed that it was laying off 800 employees today as part of its fourth quarter earnings statement. The layoffs had been originally reported by Fortune last week.
The move appears to be part of the ongoing dance among EMC federated companies prior to the Dell acquisition expected to go through later this year. Dell announced it was buying EMC in October for $67 billion. EMC owns 80 percent of VMware, but it operates as a separate, independent company with its own stock. It decides when to make layoffs and other strategic decisions.
Read the entire article here
