Nutanix top execs take 10 per cent pay cut as net losses widen in Q3

Josh Budd
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Nutanix top execs take 10 per cent pay cut as net losses widen in Q3

CEO claims that the hyperconverged vendor will look into more ways to cut operational costs, claiming virtual .NEXT conference will be a commercial success

Nutanix has revealed that its executive team have taken a 10 per cent pay cut since the start of April in an effort to manage costs during the COVID-19 crisis. At the start of the month Nutanix confirmed to CPI that it has asked non-US staff to take two weeks' voluntary unpaid leave. The news emerged after the hyperconverged vendor furloughed more than 1,400 staff in the US - equating to around a quarter of its global workforce. But now Nutanix's CEO has told investors that it will look into...

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