Dell Technologies is no longer "hiring broadly" as the coronavirus pandemic puts pressure on the business, a spokesperson tells Business Insider, although some of its subsidiary companies like VMware and Secureworks are continuing to recruit.
"We are constantly evolving our hiring strategy based on business needs," the spokesperson said.
The company will continue its early-career mentorship and summer internship programs, though they will be held remotely for the time being.
The news comes after Business Insider on Tuesday reported that VMware told employees that it's freezing pay raises, suspending 401(k) retirement fund matches in the US, and that CEO Pat Gelsinger and other top executives will take salary reductions during its fiscal second and third quarters "to support efforts to manage through the current economic uncertainty."
VMware is focused on hiring in five 'strategic priorities'
Despite these cost-cutting measures, a VMware spokesperson said that the company is still hiring.
"Our intention is to continue to hire and, we expect that we will end FY21 with more employees than we have today. Our hiring efforts are focused on supporting VMware's five strategic priorities: App Modernization, Multi-Cloud, Virtual Cloud Network, Digital Workspace and Intrinsic Security," the VMware spokesperson told Business Insider.
The spokesperson said that the salary freezes and executive pay cuts are "a part of a thoughtful and prudent plan designed to address the current uncertainty of the COVID-19 pandemic and the overall economic outlook, while ensuring the company has the skills and talent needed to accelerate growth as the economy stabilizes."
"The fundamentals of VMware's business remain strong, and the company continue to see interest in, and demand for VMware products, solutions and services," the spokesperson said. "The actions the company is taking now will strengthen VMware's foundation and ensure the company is positioned to effectively navigate the challenging landscape ahead."
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