Stop Press! Nutanix coronavirus cost-cutting exercise hits thousands of UK and European staff.


Nutanix has asked thousands of non-US staff to take two weeks’ voluntary unpaid leave as part of a series of cost-cutting actions aimed at minimising the fallout from the coronavirus epidemic.

The once lauded hyperconverged infrastructure vendor hit the headlines as it emerged it will ‘furlough’ more than 1,400 US staff, which is around a quarter of its workforce. Those affected will undergo two, week-long unpaid furloughs over the next six months.

But the NASDAQ-listed vendor also confirmed it has asked staff outside the US to take a total of two weeks of voluntary unpaid leave during the same time period; a move which will affect its UK & European operations.

This latest news has added to the woes of Nutanix following the crash of their share price in late February, with CEO Dheeraj Pandey attributing underwhelming Q2 results to the “murky” environment caused by the pandemic.