Internal Memos/Communications Hinting at "a New, But Masked, Round of Layoffs" at Red Hat
A negative outlook ahead of a long weekend.
In The Register right now:
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Red Hat middleware takes a back seat in strategic shuffle
Red Hat is slowing or stopping development of some of its middleware software, a situation which could result in some staff layoffs.
The Register has seen what purports to be an internal email from the IBM subsidiary's vice president of Middleware Engineering, Mark Little, revealing that development and maintenance of several of the company's products will be slowed, stopped, or – using one of everyone's favorite bits of corporate euphemism – "rightsized."
Apparently the changes are part of the company's "strategic realignment," which is assessing the Hat's products and services "to identify those that no longer aligned with our long-term strategy." The goal is double-digit growth, but it's possible it is a new, but masked, round of layoffs. We are sure this has nothing whatsoever to do with Red Hat retaining McKinsey & Company a couple of months ago.
Also: (ongoing)
And this:
