Thread regarding VMware layoffs

Broadcom offered me a better deal than VMware

BC offered me a small raise, a signing bonus equal to a year's pay, and nearly doubled my raise maximum.

VMware suspended my stock plan while waiting for the merger to happen.

I don't know if BC has a better working environment, but I'll be richer working there if it ever happens.

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| 2991 views | | 10 replies (last November 6, 2023) | Reply
Post ID: @OP+1psTnXOA

10 replies (most recent on top)

Most people at least at Symantec, even if they got an offer, did not survive the second layoff phase not even talking about the third. Therefore, whatever increase you see in RSUs, below 5% of all people of the acquired company will see the light on the other side of the tunnel - just keep that in mind. Your just a pawn being pushed around and sacrificed within a instant if you are no longer needed.

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Post ID: @wvx+1psTnXOA

If this is true then you appear to be in a very small minority, most people are getting pay cuts as part of their offers despite a legal agreement with VMware to offer at least the same base pay.

There could be a class action off the back of this.

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Post ID: @izf+1psTnXOA
$$$$$$$$$

Short-term stint at earning $$$$$$$$$ at the expense of a meaningful long-term career? No thanks ✋

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Post ID: @tim+1psTnXOA
I personally don't understand how anyone can work with peace of mind and plan to stay for years

Well then let me enlighten you.

$$$$$$$$$

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Post ID: @kka+1psTnXOA

I personally don't understand how anyone can work with peace of mind and plan to stay for years in a company that constantly has a looming threat of layoffs hanging over its employees who aren't generating enough revenue.

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Post ID: @slt+1psTnXOA

I assume you are a P4 because all P6 and P7 I know got a cut in their payment. Same thing for a few P5s, some of them said their payment level got regressed by 4-5 years.

So I think that the idea is becoming rich at BC might be true for very few while for the vast majority that is wishful thinking. Like a hamster running a wheel chasing the cheese.

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Post ID: @mly+1psTnXOA

Glad to hear man... In the meantime focus on "the main thing"!

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Post ID: @mfx+1psTnXOA

Yes, you will be rich… soon

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Post ID: @nhw+1psTnXOA

Hi rich pal. Looks like BC won't make richer, at least as a result of the merger.

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Post ID: @kbl+1psTnXOA

I won't get into detail since the deal is still pending, but when this is over I'm gonna have a field day talking about how ridiculous Broadcom's obsession with "mooney" is (hint: that's how one of Broadcom's executives pronounce money)

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Post ID: @cbo+1psTnXOA

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