Example implementations relate to scheduling of jobs for a plurality of graphics processing units (GPUs) providing concurrent processing by a plurality of virtual GPUs. According to an example, a computing system including one or more GPUs receives a request to schedule a new job to be executed by the computing system. The new job is allocated to one or more vGPUs. Allocations of existing jobs are updated to one or more vGPUs. Operational cost of operating the one or more GPUs and migration cost of allocating the new job are minimized and allocations of the existing jobs on the one or more vGPUs is updated. The new job and the existing jobs are processed by the one or more GPUs in the computing system.