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EMC Corp. in Hopkinton will cut about 1,000 jobs, mostly in the first part of the year, in a plan to put greater emphasis on the small but faster growing parts of the company as its traditional storage business slows.
David Goulden, head of EMC’s storage division, said the cuts are part of a “rebalancing” as EMC expands more into mobile technology, big data analytics, and data storage over the Internet. Overall, he said, EMC expects to end 2014 with roughly the same number of employees that it had at the start of the year. The company has a global workforce of about 63,000 people.
EMC has a history of announcing these types of jobs reductions. Similarly, last spring, it said that it would cut 1,000 jobs.