Topics regarding layoffs at Broadcom Corp.

Topics regarding layoffs at Broadcom Corp.

RSU Appreciation and layoffs

I'm a IC in a h/w BU. Will the 50 percent YTD stock appreciation lead to targeted layoffs? My team would be far more expensive from what was planned for budgeting purposes.

Some senior VMware folks are just coasting

Met with couple of very senior VMware folks both technical and managers (Directors actually), I can't believe that someone can have such a high title and at the same time, no positive impact at all. Now I understand why VMware sank so fast, feels bad... — read more 

VMware pushing stock price down

I hate that we acquired VMware, company has extremely low revenue per employee and we gave high level offers to so many useless folks. As a result Broadcom employees will receive low stock price forecast, hate this s**t.

Performance review

Hi there! I'm a former VMware employee who survived the first round of layoff. As far as I have understood we will be assigned a 1-2-3 grade for the performance review that will also affect our bonus. 1 the best grade and 3 the worst. I have a... — read more 

Kind of strange...

Why did Broadcom kept the Backup Exec which is for SME and did not keep NetBackup which is for Large Enterprise when it acquired Symantec?

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| 800 views | | 2 replies (last September 10, 2024)
Post ID: @OP+1rDEO6zO

New RSU

When we joined, there were talks of March 2024 RSU as additional to what we got. But after that, no news and my manager said recently no more. Another manager said there will be email this month.

EUC sold to KKR?

Looks like the news hit the web last night. What would this mean for the EUC BU employees? Anyone have any experience with KKR?

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| 1190 views | | 2 replies (last March 25, 2024)
Post ID: @OP+1rfXVcpA

Salary bands

Where best place to find salary bands. Don’t want to get stiffed on promotion/raises. Couldn't see bandings listed in Okta, just the timing of events.

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| 2140 views | | 2 replies (last February 22, 2024)
Post ID: @OP+1raMwQJY

Hockerberg

So Hock now on Meta board. Discuss : Hock is preparing for retirement, but still likes the smell of money Zuck wants to end remote work for Meta Hock is having trouble using Facebook acct Or ??

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| 1080 views | | 3 replies (last February 20, 2024)
Post ID: @OP+1r6YODbX

Administrative leave?

Has Hock Tan ever put anyone on administrative leave for not following 5 days RTO? Or it’s just a scaring tactic?

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| 1810 views | | 8 replies (last August 4, 2024)
Post ID: @OP+1r5rwaxq

When is severance paid?

Letters said as soon as possible but then not later than April 15th, I’m assuming they don’t pay it earlier ?

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| 1260 views | | 4 replies (last February 13, 2024)
Post ID: @OP+1qZY7CQ8

Spike in "retirement" emails

This January seeing more "retirement" emails . Which in hock speak is a layoff. Dunno if it's just me or the same in other BUs.

VMW employee here - Who can see individual attendance?

Who in the management line has access to the attendance records? Managers ( manage ICs ) or Directors+? At what granularity is the tracking shared? Per employee or aggregate based on employees that report to you?

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| 2100 views | | 7 replies (last February 10, 2024)
Post ID: @OP+1qOgUmvZ

Outsourcing Tech Support?

I am hearing that Broadcom is looking into and preparing to transition Broadcom Software technical support (CA, Symantec, VMware) to an outsourced (HCL type) model. Does anybody know anything about this?

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| 2300 views | | 5 replies (last February 6, 2024)
Post ID: @OP+1qN1PQaM

Broadcom SIP and Q1 payout

guys, will we get any SIP bonus for Q1FY24 or not? We have not received any communication from the management or sales leaders. I understand they need to be careful but complete silence on such matters is not a good sign of their leadership. what do... — read more 

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| 1060 views | | no replies yet
Post ID: @OP+1qKRG6VM

WARN report messed up

Multiple layoffs in Santaclara this week, some how not getting reported in WARN

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| 1850 views | | 5 replies (last January 24, 2024)
Post ID: @OP+1qCB2YMf

Cuts before RSU vest?

Obviously more cuts are coming to VMware. Still lots of fat to trim. My question is, does Hock usually cut before vest dates? Most VMware employees have a lot of stock that will vest March 15, June 1, and June 15. Would love to collect on those... — read more 

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| 3430 views | | 7 replies (last February 17, 2024)
Post ID: @OP+1qvLd0RB

Broadcom Layoffs 2024

What are your thoughts about potential Broadcom layoffs? Any chatter, news or rumors?

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| 2660 views | | 3 replies (last January 11, 2024)
Post ID: @OP+1qkP2Wld

Relocation for Remote Workers

Vmw fte here in engineering. I moved away from office during covid at vmware. Ofc I'm nervous about layoffs for those of us that have no office anywhere near us, like myself. I have heard in the past they have given mandates to relocate within x time... — read more 

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| 2960 views | | 9 replies (last January 1, 2024)
Post ID: @OP+1qcrnQEP

Broadcom ESPP ?

I am not seeing a lot of discussion about Broadcom ESPP specifically. I have only seen somewhere it says 10% maxed. Does anyone have any information about when the enrollment is and through where ? Fidellity ?

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| 1570 views | | 2 replies (last December 12, 2023)
Post ID: @OP+1q16UlED

What do the annual RSU grants look like?

I've joined Broadcom via VMware and was pleased with the RSU grant I received. I'm curious what is typical for the size and cadence of annual "re-greening" grants. A few questions.... Do most employees get refresh grants annually? Are the... — read more 

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| 11180 views | | 14 replies (last December 24, 2023)
Post ID: @OP+1q0glK5V

BCOM 401k contribution amounts

VMware folks could only contribute a whole percentage amount (i.e. 1%, 2% not 1.5%). We will not have access to BCOM 401k until January. Would like to know if BCOM allows dollar amount contributions and/or partial percentages (i.e. 1.5%). Also... — read more 

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| 1640 views | | 7 replies (last December 24, 2023)
Post ID: @OP+1pTgOmF9

how long after close did folks lose access?

Ca technologies / Symantec folks, VMware employee here. After the acquisition closed for you folks, when were people who didn’t get offers or who declined the offers laid off (when did they lose access). I declined the offer and I know others... — read more 

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| 2350 views | | 2 replies (last November 30, 2023)
Post ID: @OP+1pJ7bWvr

Sorry this is a redundant Q

As a VMware employee, we haven't been given visibility into most of BCs benefits and it's an extremely stressful time. Can a current BC employee talk to the maternity leave provided in the US? If it is state dependent, CA?

Welcome VMWAREANS!

There is a buzz in the Broadcom offices now with the acquisition complete. We look forward to sharing our cubicles with you once you are required to move in. We won’t bite!

Divesting time period

For those of you that are at BCOM now, during previous acquisitions, how long before divested business units were sold after closing? Asking because EUC and CBlack are likely meeting a similar fate.

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| 1320 views | | 2 replies (last November 23, 2023)
Post ID: @OP+1pIv5YsH

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