Assume I and others are laid off, what can those of us with VMware stock expect from Broadcom? Are they offering to pay the full $142 per share?
VMware Cloud on AWS Outlook
How safe would you say VMC on AWS is post Broadcom? Along with Google Cloud VMware Engine, Azure VMware Solution, and other hybrid cloud infrastructure?
Severance expectations
For those that are let go and have less than a year with VMW can we expect 2 months + 1 week which I believe is the current standard severance in place.
The culture at Broadcom is a culture of fear
First off, the culture at Broadcom is a culture of fear. Fear of when you will be laid off, fear of when the next shoe will drop. The employees have no time to gossip or be political, so while that may seem bad, you don’t have to deal with drama. I... — read more
Broadcom or VMware severance
Once the acquisition is finalized (and assuming we are not laid off before that happens), will we be entitled to VMware's or Broadcom's severance? From what I've been reading, Broadcom's severance leaves much to be desired, so that would not be the... — read more
Good discussion by Industry analysts
Some interesting discussions on the future of this deal... https://www.youtube.com/watch?v=0K9z5Bee3VU
Market is very competitive
I have already started looking and it is immediately clear to me that it will not be so easy to find a new job. The companies I took into consideration for my potential new job have significantly slowed down hiring. That is why I think it is better... — read more
Productivity dropped sharply
Admittedly, I can only speak on my own behalf, but once the news of the acquisition was confirmed, I have no motivation anymore to do even the bare minimum. Yesterday I barely finished the work I had to do. I don’t believe there are many people... — read more
Broadcom Guy's Thread
The main thread (50K views, 200+ replies) is here @OP+1gTMqgMW or here https://www.thelayoff.com/t/1gTMqgMW
8 Months (Feb 2023) Until D-Day per Internal Document?...
On another site, apparently there was an internal document floating around that they have February 2023 as the day the takeover goes through. That sounds a bit ambitious. Little Symantec did take 3 months, but larger CA technologies took 6 mo. ... — read more
High Priority BUs under Broadcom
I think I saw this before but which VMware BUs are considered to be a higher priority under Broadcom? I know there is vSphere, vSAN, ad vCenter, but what else?
Will the ones who get to stay be miserable?
What about the ones who go through the layoffs processes that are yet to come untouched. Are there any indications what the company life and culture is going to look like after the acquisition is completed?
Continuous Education Budget at Broadcom ??
Does anyone here know if Broadcom has benefits for continuus edication? VMware has a budget of $5K per full time employee per year to pursue studies.
I'm leaving before the acquisition goes through
I'm curious to see how many more are planning to do the same thing. Please upvote this post if you plan to leave on your own or downvote it if you plan to stay and see what's going to happen. The results could be interesting. I expect to see more... — read more
Is this guy stupid or what?
Analyst predicts Braodcom great long term investment? https://www.investing.com/analysis/broadcoms-vmware-deal-makes-the-chipmakers-stock-an-attractive-longterm-bet-200625124
The next few months are going to suck
I know people keep saying not to worry before something happens but I'm just not wired that way. I'm a worrier. I've had a miserable week and I know the next several months will be the same. I would pay good money just to learn right now what will... — read more
Oops !! Hock Tan did it again
Worked at Symantec , got laid off thanks to Broadcom acquiring their enterprise BU , then joined VMWARE- he’s back again with a bang ! Getting ready to pack up my bags all over again lol … loving my fate !
Severance
I have mixed information as to how generous the severance will be for those whose positions are made redundant. Can someone give me accurate information about severance?
New Grad with Mid July Start Date - should I start looking Elsewhere?
Signed to the VMware academy back in September, with the recent Broadcom purchase will I still have a job this summer or should I start applying to other companies ASAP?
Which will be the first BU axed/sold/split?
EUC? Networking? Security?
What will likely happen to the VMware telco sales teams as well as the telco BU of PM, Alliances teams?
What will likely happen to the VMware telco sales teams as well as the telco BU of PM, Alliances teams? Telco is growing and the partnership team is building new strategic partnerships with ISVs, OEM and SI's.
Move on! There is exciting opportunities out there
Many comments and questions in this site make me feel that many VMware folks are getting a little stuck, shocked, or in negation. That's understandable. However, let me tell everyone that there is still a great job market for tech. A couple of... — read more
New Grads Options?
Joined as a new grad in February 2022 and now this… given that I have no experience it will be hard to look for another role without hitting the 1 year mark. If I apply now I will only have 4 months of experience which will look bad as we are leaving... — read more
Conversion to a subscription-based model
Broadcom has signaled its $61 billion acquisition of VMware will involve a “rapid transition from perpetual licenses to subscriptions.” (The Register) I'm wondering what is your general opinion about this announcement of transition to... — read more
Retention bonuses?
Anyone gotten one yet? If your manager offered you one, would you take it?
There could be counter-offers
I'm thinkin Cisco, Alphabet, or even Intel. This is not a done deal yet.
Suddenly everybody loves working at vmware
We've had years of posts bashing the company and saying what a horrible place it was to work, what a bad culture and work environment it has, and how everybody can't wait to quit. Now suddenly everybody loves working here and would hate to see things... — read more
Remote work
I've heard Broadcom is likely to do away with WFH, is this true? If this happens, I'll be leaving on my own. WFH is too important to me for various reasons and there is no way I can give it up. Which sucks, considering that by all other accounts I'd... — read more
Any layoffs before acquisition?
Does anyone anticipate any groups being laid off prior to acquisition?
Broadcom's stated strategy ignores most VMware customers
Broadcom's stated strategy is very simple: focus on 600 customers who will struggle to change suppliers, reap vastly lower sales and marketing costs by focusing on that small pool, and trim R&D by not thinking about the needs of other customers – who... — read more
Hok Tan is all about making shareholders and Wall Street happy
That's all you need to know about the acquisition to know how things are going to develop once it's finalized. This means that layoffs will not be limited to the first few months. There'll probably be some cuts each quarter so they can show a drop in... — read more
Broadcom is Under Antitrust Scrutiny from the FTC—Again
https://www.theinformation.com/articles/broadcom-is-under-antitrust-scrutiny-from-the-ftc-again If customers complain that Broadcom will raise VMware product prices the way they did with Symantec and CA products, the FTC might delay the Broadcom... — read more
Customer backlash
Has anyone started to see customer backlash on the forthcoming acquisition? I have already had some major customers in Enterprise say they intend to move away from VMware fully citing the precedents set by Broadcom If this spreads, which I am sure... — read more
Is this the merger agreement?
https://contracts.justia.com/companies/vmware-inc-2181/contract/241952/
What does the future hold for Sales?
I have read a lot about redundancy in IT/Finance/HR but almost nothing about Sales. What is BCOM's sales org structure like today? Do they have coverage for the VMW Enterprise level accounts and is there a bunch of redundancy there as well? Just... — read more
How hard is it to find a new job now?
Some will say that it depends on someone's skill set, or how marketable a person is. I have friends in other companies who are top experts but who are now having a hard time finding new jobs. So maybe it's better to start job hunting now than... — read more
Dell had a gangbuster Q1, VMware had a disastrous Q1, hence the sale to Broadcom
If you're scratching your head as to why Michael Dell would want to sell VMware? Everyone said VMware is Dell's crown jewel in his portfolio. Everyone celebrated VMware going independent and said it was going to be a $20b revenue company, $100b... — read more
60 days advanced notice before or after deal closes?
Assuming the deal closes in November and layoff starts immediately after the deal closes, when does the 60 day notice happen in order for VMWware to abide by the CA labor law? Do people get the notice 60 days prior to the November closing date? or... — read more
What could the possible reorgs look like?
Some people mentioned in some of the earlier threads that Broadcom tends to keep the organizational structure simple and that smaller organizations are in more danger to be eliminated or incorporated in larger ones. With that in mind, is it safe to... — read more
I really loved working at VMW
I wouldn’t care if VMWare was one of those companies I worked for before where I always had to look for new, better opportunities. I think most people actually loved working here? As for me, it is a real pleasure to work here and that is the main... — read more