VMware to cut 900 jobs, offers weak outlook

Published January 28, 2013 11:16pm ET



PALO ALTO, Calif. (AP) — VMware Inc. said Monday that it is cutting 900 jobs, or nearly 7 percent of its workforce, and expects revenue to fall short of Wall Street’s expectations for the current quarter.

The software company also said it plans to exit some lines of business and consolidate facilities this year. Cost of the job cuts and business changes is expected to be between $90 million and $110 million.

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