In this era of modern technologies, a huge amount of e-waste is being produced endlessly. The excessive production rate of e-waste is a great threat to our environment. Our work mainly focuses on the many ways of e-waste reduction and finding new alternatives. The problem we intend to solve with our research is to reduce the production rate of e-waste in an optimized way. The goal of this research is to formulate a sustainable way to reduce e-waste production. This paper approaches the problem by evaluating previous data and reviewing related works. This research proves that virtualization could be a promising alternative for reducing the production rate of e-waste. Virtualization is an essential part of cloud computing as it allows us to employ real-world characteristics across several virtual environments, or virtual machines (VMs). This research also tries to highlight the negative consequences of e-waste, the importance of decreasing it, and how it may be reduced through virtualization. The sole beneficiary of this research would be the big corporations in the electronic devices manufacturing industry.