If you didn't think it was going to happen... its over now. https://seekingalpha.com/news/3975228-zane-rowe-joins-workday-from-vmware-as-the-next-finance-chief
Layoffs
Harvard Business Review says Diversification only works if customers want the new product. According to most studies, between 70 and 90 percent of acquisitions fail. This isn’t good. According the data, the announced synergies typically range... — read more
for the snr director who asked below
All designations go minus 1 at least or minus 2 in some cases. Specially for people managers. salary will not reduce as per the deal agreement. A VP will become a very highly paid Director for the market and a Director may become a very highly paid... — read more
What would you do if you were Hok?
Let's have some fun, and pretend that you are Hok. What would you do with VMW once you complete the acquisition? For the purposes of this exercise, assume for a minute that you don't just want to pillage the company and the customer base in the... — read more
RTO upon acquisition
A lot of folks in my org have relocated to 50+ miles away from VMware or Broadcom offices since the pandemic, and if the acquisition goes through how do people think Hock is going to deal with RTO? At least in my product, there’s no way most people... — read more
Directors, Senior Directors and VPs
Hi. I’m writing this as a concerned Senior director in VMware , afraid of what will happen once BC takes over. Can any senior BC folks please answer the following questions .. How many directors, senior directors and VPs are in BC now. How... — read more
Oldie but goodie
Ex-Broadcommer, ex-CAer giving you a couple of life lessons learned during his/hers tenure: TL;DR: If WFH is really a deal breaker for you, start making backup and transition plans as you read this (if not sooner). Lesson zero: DO NOT believe the... — read more
Got offer with same pay and 100% remote & very chill role
I got an offer for a 100% remote, very table and chill role with same pay /TC as in VMW. Is it advisable to switch ? The only reason I am asking is because current vmw work is interesting and new job work is too boring. But I guess stability is... — read more
RSU vesting.
Seen totally contradictory information on what happens unvested RSU's in the (likely) event that you get chopped by BC. Not talking about the recent March RSUs for Ops teams. Just standard unvested RSU's.
Retention bonuses
Reading a lot on here about retention bonuses. Who are getting these? I know I am not. Manager told me the other day that if I left the team they would be in trouble. I don’t usually pay attention to this kind of talk as it’s typically just blah blah... — read more
New outside date…
They can kick the cab all day long, but they did kick it. https://www.crn.com/news/channel-news/broadcom-vmware-push-merger-deadline-past-thanksgiving-on-61b-deal Passing it on the the peanut gallery.
Getting tired of interviewing
I don't even know how many interviews I've done in the last six months just to get an offer that doesn't even come close to my asking price. Why is it such a taboo to ask about pay right from the start? It would save both our and the company's time... — read more
Broadcom stock hit new historical high values
We are now at 672 * 0.252 = 169euros for part of our stock if the deal goes through... I'm wondering now if it is convenient to hold are VMW stocks as in the few days it seems there is more optimism on the closure of the deal.
Read only if you are not rich, are the sole bread winner, or have never been laid off
Severance -1 month for every completed year of service if Vmw lays you off and 2 months notice irrespective of location, 15 days/1 month per year if Broadcom lays you depending on your location, no generous benefits etc., notice period as per your... — read more
health insurance as part of severance for CA employees
Hi, does anyone know about the continuous health insurance coverage that VMWare has as part of its employee severance package for California employees? If laid off, I don't mind taking a couple of months break and looking for new jobs but I would... — read more
It's all over, just waiting for the large lady to sing
Broadcom offered remedies to address EU antitrust concerns over VMware deal. https://www.reuters.com/markets/deals/broadcom-offered-interoperability-remedies-address-eu-antitrust-concerns-over-2023-05-17/ Once the EU approves it on July 27th, it'll... — read more
Is deal now a lock to be approved by EU & UK
With recent developments it seems as though this deal is matter of when and not if. Happy hear everyone thoughts
Broadcom to offer behavioral, not structural remedy to UK
https://12ft.io/proxy?q=https%3A%2F%2Fseekingalpha.com%2Fnews%2F3970969-broadcom-expected-to-offer-behavioral-remedy-in-european-review-of-vmware-deal-report
Reposting- From a CA/Broadcom employee
This came out when merge was first announced. Everything seems to be spot on based on what is now unfolding: “So, first thing to understand is the Broadcom mantra: "We're in the business of making money." Everything, and I mean everything, comes... — read more
Sales Layoffs
When to expect sales layoffs?
Such a neat slap to Fin/HR/Legal
Or may be it's a wake-up call disguised as a slap. Leadership practically saying you are shameless if you are still here (which sadly is true in a way). No promotion, no increment but yes some RSUs coz you are so valuable. Sh*t show of a “merit”... — read more
Business Operations Merit Cycle Change
How does everyone feel about the business operations change that was announced today? This only impacts HR, Talent Acquisition, Legal, Comp, and Finance but these units are no longer getting merit or promotions. Because they are "so valued", instead... — read more
vmware and its current traumatic impact on careers
The impending acquisition of VMware has revealed significant challenges that the company faces, resulting in a slowdown across several business units and a decline in productivity. The analysis suggests that the primary hindrances to productivity are... — read more
Such low employee engagement
SEBU town hall just ended. Wow, what an odd feeling I left with. The results from a recent employee satisfaction survey were presented, basically showing everything is pretty hunky-dory. Later, before closing the meeting, the floor was opened for... — read more
DEI haters, CHILLAX!
I'm so curious: How many of you posters snarking about DEI and/or calling Raghu sh---y names have very actually been in a position to 1) hire an employee at VMware or 2) lead a company - or even an engineering team? You work at a company that pays... — read more
Product management
How safe is product management role in VMware
VMW: text book 📚 example of Go Woke Go Broke
The amount of focus we do on DEI , self congratulatory, first world mental health, RADIO, OCTO, EPIC, VMC, VCF, and many other things that don't result in new innovations. We did hypervisor and vMotion, and that's it. Anything else was acquired or... — read more
Imagine
Imagine working at a company having management that says there is a need to spend millions of dollars to switch technology A to technology B because recent grads already know technology B -- as if there is no other training time / cost involved in... — read more
Why do we need Broadcom?
Why don’t we just replace the entire c-suite, then work our way down removing all the dead wood? That would make us so much more profitable and less chance of being an acquisition target. Is this something our shareholder could implement on his own... — read more
Betsy's Bonkers Bonus
What do you think of this new bonus scheme? I think it's a way to telegraph the merger is not happening. Not only did Betsy actual say the words "be an independent company after Q3'24". I also think there is no way that broadcom would let vmware... — read more
Fate of Corporate Sales?
The VP announced a sudden departure today. With such an emphasis on strategic accounts, what do you think the fate of corporate sales will be?
“Mom, I promise to be a good boy” - says Hock to EU
https://finance.yahoo.com/news/broadcom-seeks-convince-eu-antitrust-050418499.html? I’d love to be a fly on the wall at that meeting!
What happens deal is blocked?
Growing sense that deal is blocked... Will layoffs happen?
A desperate call for help
https://www.broadcom.com/blog/accelerating-vmwares-growth
Marketing & Sales
Does anyone have any insider knowledge on when or if there will be a layoff in marketing or sales?
Radio B S
Unbelievable how all the BS In radio. People pretend that they are passionate. All bunch of clowns. Raghu was there today. Just shut it down already. Sick of all the moral drainage all over VMWare, managers are toxic.
Hindenburg Unveils Short Position In Icahn Enterprises, Says Company "Inflated By 75%+"
https://www.zerohedge.com/markets/hindenburg-unveils-short-position-icahn-enterprises-says-company-inflated-75 Icahn owns "in the hundreds of millions of dollars" of Vmware stock, and is considered the 2nd highest holder of stock, behind M Dell. If... — read more
VMware deal could be in trouble
So says Motley Fool: https://www.fool.com/investing/2023/05/01/2-red-flags-for-broadcom-stock-future/
VMware voted best Employers for Diversity 2023 by Forbes
Not voted best for profitability, product dominance, or technological innovation. But look at how many brown people we hired!
How to get layoffed
How to tell manager to let me coast until layoffs happen and then layoff me. I have something already lined up and waiting for vmw severance. Any tips from experts ?