Thread regarding Broadcom Corp. layoffs

Rif's this week

Several colleagues hit with 'company wide' rifs yesterday and today. Tomorrow last day. Rifs are a fact at broadcom, even when it's not needed.


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Post ID: @OP+1ky8dsbk3

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IMS will be decimated by years end. It’s been poorly run by its leadership since Broadcom started buying the software companies. No one is renewing and old 5 year contracts don’t matter when it’s just shelfware. Sales is pulling deals forward to cash out while they can all while pi----g off the few customers they have left.

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Post ID: @14n+1ky8dsbk3

you're only there until they figure out a way to function without you.

And indeed the CEO likes to remind you of that every day!

FHT

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Post ID: @ky+1ky8dsbk3

The IMS division got whacked with layoffs too.

Like Hock says "easy come, easy go"

All that matters is revenue, margins and stock price

There is no such thing as a career at Broadcom ... you're only there until they figure out a way to function without you.

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Post ID: @eh+1ky8dsbk3

@a2 Not sure. It's definitely hit IMS. They keep things close to the chest. I don't know if it's rolling or not. I suspect to keep out of the WARN act they do some each week. They usually tell you wednesday and then you're gone that Friday.

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Post ID: @dh+1ky8dsbk3

Is it ESG impacted too?

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Post ID: @a2+1ky8dsbk3

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