Topics regarding layoffs at VMware

Topics regarding layoffs at VMware

This post says it all ….

This post is from the Broadcom page. In response to this original post: We seem to be the bogeyman I've just read through some posts on the VMware page and people are terrified of being acquired by Broadcom. I don't understand why. I personally... — read more 

I'm doing something wrong

I'm in sales and marketing. I sent out 50+ applications in the past month and I only managed to land one interview. I've been at VMware for two years but my previous position was nine years, so it's not as if my resume makes it seem like I'm a job... — read more 

VMware is not a bad employer

I'm an old-school enterprise tech guy. VMware has been the most positive working experience of my multi-decade career. Does VMware have its issues? Sure it does. But compared to some of the other places I have worked where the corporate culture was... — read more 

Hiring is still happening

New positions open up on a daily basis which makes no sense if the ultimate goal is to trim the company's workforce as much as possible. What's going to happen to people who decide to leave their current jobs to join? Are they going to be cut as soon... — read more 

Exec RSU Grants

How convenient for Exec Officers to line their pockets right before the deal was announced. INSIDER RELATION LAST DATE TRANSACTION OWNER TYPE SHARES TRADED PRICE SHARES HELD ROWE ZANE Officer 04/21/2022 Acquisition (Non Open... — read more 

The possibility that a deal doesn’t happen

It is much wiser to come to terms with what has happened and try to find another opportunity as soon as possible, than to speculate and have unfounded high hopes. However, I have two questions: Why do some people think that there is even a... — read more 

Interesting read.

https://www.crn.com/news/virtualization/broadcom-software-group-cut-r-d-to-grow-strategic-accounts-

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Post ID: @OP+1ho6UY60

The new VMware / Broadcom Value Statement

We are committed to diminishing the innovation in the products you love, reducing the quality of support you depend on, and raising prices two to three times what you currently pay.

Which BU's will see most layoffs?

General consensus is that the CORPORATE depts like HR, Legal, accounting, corporate marketing etc will go. BU's also will get the cuts. Which BU's will get what % cuts?

EU is going to save your butts!!!

And maybe VMware. Mark my words!!! https://arstechnica.com/tech-policy/2022/06/broadcom-takeover-of-vmware-could-be-derailed-by-eu-antitrust-probe/

EU antitrust investigation

https://arstechnica.com/tech-policy/2022/06/broadcom-takeover-of-vmware-could-be-derailed-by-eu-antitrust-probe/ Thoughts?

If the acquisition wasn't happening...

Many now glorify VMW because it is much better to work here than at Broadcom. However, we all know that VMW also has many issues. If this acquisition wasn't taking place, where do you think this company would be in 5 years? Do you think it wouldn't... — read more 

VMware Funded Head

I'm a VMware funded resource at a Partner. The Broadcom news makes me very nervous. Do you think Broadcom will continue to fund my position or do you think they will axe it? I'm in a technical pre-sales role currently.

God Forbid!

If this takes a year I am going to lose it! Broadcom (AVGO) is in preliminary talks with EU officials on the combination, which some worry could lead to increase prices, according to an FT report, which cited people familiar. The deal will like get... — read more 

Don't expect too much from severance

Somebody mentioned this and I believe that it bears repeating. If there are no layoffs before the acquisition is finalized, Broadcom will provide the least it can get away with. Don't expect any extras, prolonged health benefits, or any outplacement... — read more 

Should I pack my bags?

I work in a part of the company that is not near the top in earnings. They say Broadcom will eliminate or heavily restructure these organizations and we can expect the cuts to be deep. Is our fate already sealed as Hock is all about the bottom... — read more 

Broadcom Update

Make if it what you will.. https://www.broadcom.com/blog/broadcom-vmware

Timing of the acquisition

Is anyone here surprised by the timing of the acquisition? I recently found out that there are those who find it "interesting", so I'm wondering why would anyone be surprised with timing?

Broadcom was trying to acquire SAS

This is real leadership. Broadcom was in talks to acquire SAS last year and once their CEO leaned of the bloodbath that would take place with employees losing their jobs, he called the deal off and said “SAS is not for sale”. SAS has a great... — read more 

How will Broadcom do the cuts?

So let's say that they need to cut the expenses by 30%. Would they cut the 30% of the number of BU's ( i.e. eliminate the 3 out of 10 BU's altogether) or do 30% cut across all BU's but still maintain all the BU's (albeit each with 70% workforce)? If... — read more 

Progress in so-called "integration"

I suspect there has been meeting or communication on how many people to let go. BC wants to hit the ground running on Day 1. The official AMA slack channel is less than useless as it's misleading employees, giving us the illusion it's BAU.

Layoff chance for Data Scientist

Heard engineering resources are more or less safe. Any idea what will be the fate of data scientists? Will Broadcom lay us off at day 1 or will we get some few months? Trying to understand how soon I should get a job!

Edge computing and Broadcom

With VMware acquisition, Broadcom will get the early entry into the nascent market of Edge Computing stack and also as an added bonus Broadcom can proliferate their chips in the edge/IoT markets. Broadcom will be really stupid to cut that business/BU... — read more 

Will the new employees be just a little safer?

I started working here a couple of months ago. Obviously, with everything that is happening I have a substantial amount of fear about what could happen with my job. I don’t think anybody doubts that there will be major reorgs. Who could be more... — read more 

Anyone know why VMware stock price is so low?

Broadcom offered $141 per share for VMware, yet VMware is only trading at $116. I would think this far into the acquisition talks the price would be only 2-5% below the offered price - not 22% below. Any good rumors that would be driving the strike... — read more 

Serious Question

Hello, This is a serious question. I heard from someone that used to work at Broadcom that they installed "tracking" software on the phones of all employees to monitor where people are. Not sure if this is a rumor. He seemed to believe it was... — read more 

VMW management is tone deaf

The message management is giving here is focus on doing your best job. I think this is absurd. You're dealing with humans with emotions here, not robots. Of course people are going to feel anxious if told that their livelihoods are going to... — read more 

Job market not looking good out there

As soon as the announcement came down of the acquisition I started looking for another job. Hate to be frank but it like the faucet got turned off. It appears many companies have put the brakes on hiring. In two weeks I have put out close to 20... — read more 

Busy sending applications

It was nice while it lasted and now is the time to move on. Why are so many still worried with what will happen to the company in the future when most of them know they will not be a part of it? My biggest concern now is how many applications I'll... — read more 

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