I’ve read where Broadcom’s severance policy is normally 2 months plus 2 weeks for every year of service. Can anyone confirm?
After 12mo post VMware acquisition, severance values should improve, not get worse.
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Another US-only thread
Oh no!
Grow up.
Just go and find another job already! This place is turning into a total sh-t show.
Another US-only thread.
It’s 40 weeks max, essentially the same as VMware if you have tenure. Hoping this deal goes through so I can offload all my shares then I’m bolting
The two months is the WARN notice. VMW gives 2 months WARN, 2 month’s severance, and one week per year of service up to 12. So 7 months total, max. BC gives one week per year—it’s ambiguous if your VMW tenure will count but I wouldn’t count on it—up to twelve and WARN notice, so a total of 5 months total, max.
Keep in mind that if you take a pay cut that means those months are worth less. And you only get the RSU/bonus if it pays out/vests before they lay you off.
I’m betting this doesn’t close, but if it does you will definitely be worse off severance wise than now.
BC will give you 1 week per year of service. There is no base 2 months severance. So max payout is 12 weeks for anyone. Not great.
You can’t believe anything they say, even if it is in writing. Sue them.. sure, go ahead.
You planning 9n getting a job with BC or something? The deal ain't happening yunno. These posts are kinda getting a bit old now.
Since new offers are going out, would that be your tenure with VMware or with VMware-Broadcom. Maybe I'm being overly pessimistic but I suspect the latter