At least 20 Veritas tech staff have lost their jobs in the latest round of restructuring which sees the private equity-own company shutter Australia-based support at the end of the month.
Veritas’s decision to move some support functions to Pune, India seems to be the reason for this redundancy round.
According to our sources 15 backline engineers from Sydney, and one manager, two advanced support engineers and three backline engineers in EMEA have gone. In addition, we understand the cull includes some support jobs at two US locations.
April is the cruellest month for Veritas staff, with the company this time last year laying off at least 100 UK employees who worked mostly in research and development.
In response to our questions, James Blamey, Veritas head of corporate comms, pulled out the following drawer statement: “Veritas is transforming for growth, which means making operational changes to ensure that the company is investing in the right areas while continuing to meet our commitments, enhance our opportunity to grow, and deliver outstanding customer value and competitive differentiation.
“While we continue to innovate and hire talent in strategic areas of focus for the company, roles at some sites will be affected. Veritas does not take these changes lightly and is fully committed to supporting employees during this transition period.“
