Veeam Layoff: Global data management solution provider Veeam Software has reportedly laid off 300 employees. The senior campaign account manager posted this information on LinkedIn.
Veeam Layoff: Global data management solution provider Veeam Software has reportedly laid off 300 employees. information about
The senior campaign account manager posted on LinkedIn. The workforce reduction comes after Veeam laid off 200 employees in a separate round of layoffs last year.
Information about layoffs given on LinkedIn
In a post on LinkedIn, the senior campaign account manager said that about 300 of my colleagues were laid off as part of an organizational restructuring. The company acknowledged the layoffs, without confirming the number of employees affected.
Recruitment taking place in some areas
Matthew Bishop, Veeam’s chief operating officer, said in the statement: “We can’t disclose confidential business plans, but we can share that we are increasing hiring in some areas, transferring some roles to new teams And others are retiring. Bishop said, “Our focus today is to provide the best support to those Veeam employees affected by the change and help them pursue career opportunities.
Company protects from cyber threats
Veeam has more than 450,000 customers. It was acquired by software investors Insight Partners in 2020 for $5 billion. The company also protects customers from ransomware and other cyber threats. In 2022, Indian-origin Anand Easwaran was appointed as the new Chief Executive Officer (CEO) and member of the board of directors of Veeam.
2023 was the best year so far
In 2022, Veeam acquired Casten, the market leader for Kubernetes backup and disaster recovery, for $150 million in a cash and stock deal.
“2023 was Veeam’s best year ever in terms of market share, now No. 1 in the global market,” the company said in a statement.
