Thread regarding VMware layoffs

Post from TheLayoff.com

everyone is counting days... nobody likes uncertainty, we all want a finality whether it is positive or negative. Waiting in this suspense is torture.

are we counting the days here?

And people are still working. Why ?

The HR org had a meeting with the head of Broadcom's HR, who confirmed that there will be massive layoffs. As most of us know, Business Operations will likely be first to go and it was confirmed that Broadcom does not utilize a Biz Ops model like the one we have. Therefore, there is zero doubt that most of the org will be gone. Hock does not want to maintain what VMware is/has, he will do just like he always has. Be prepared.

It is interesting to see all the reaction and responses here. Embrace the change! I am sure this is not the only one in my life.

deal could close and be announced at explore this year.

Low blow

deal could close and be announced at explore this year.

Some people are still living in fantasy land... This deal is happening near 100% chance now and 90% chance you're getting laid off on Day 0 if you're in any support type role. Being in denial at this stage is silly and isn't helping you move on.

Probably big cut on OCTO as well

cannot work out if this is a serious post or not - its the successful Broadcom playbook, does not matter of TK left he is doing exactly the same thing at Citrix-Tibco - HT will not change a successful model, cut costs, maintain low cost, high profits, increased share price which is the number one priority over all else. The only issue is its pain for the acquired company and will lead to a lot of change, benefits/culture etc.

''im usually not the most optimistic person, especially during acquisitions but im going to go out on a limb here and say that i THINK we will be fine. if you noticed the tom krause move months ago.... HE is the guy who was in charge of all the layoffs at Broadcom. in speaking with some higher ups, i was told that Hock wants the VMware acq to be different than past acquisitions... im not saying no one will be let go, but i do think Hock told Krause to f*ck off and leave this one alone.. just my hot take!!! lets see what happens lol''

Broadcom believes in outsourcing auxillary functions like IT etc. Those units are completely toast. They have even made that clear. People in IT Ops should just assume they will not have a job.

IMO they will cut support units (legal, hr, IT, operations etc) upto 70% in 1st 60 days and then another 20% overall (mostly from sales and marketing) in next 6 months, overall it should be around 10k cut.

TK learned it all from Hock, but Hock is never going to retire. So TK looked for an opportunity to be a CEO elsewhere in the private equity universe that is so enamored with cutting costs by sending US jobs overseas. Hock is the emperor, TK is Darth.

im usually not the most optimistic person, especially during acquisitions but im going to go out on a limb here and say that i THINK we will be fine. if you noticed the tom krause move months ago.... HE is the guy who was in charge of all the layoffs at Broadcom. in speaking with some higher ups, i was told that Hock wants the VMware acq to be different than past acquisitions... im not saying no one will be let go, but i do think Hock told Krause to f*ck off and leave this one alone.. just my hot take!!! lets see what happens lol

My point was.... all of you have had over a year to find another job if you wanted to. And yeah, its not easy finding a new one. I must have submitted 250 resumes. And there is still time because the deal probably has a few more months to close. So again- instead of worrying yourselves sick, do something. Start applying to new companies. Good luck

Hock is a nice person. I dont think he will do any layoffs ;)

For those saying "oh just get another job" get a clue... The job market is absolutely brutal out there. Think about people who have families to feed and mortgages to pay. Sure they probably have a few months of savings perhaps and will get some severance but it is entirely possible to be out of work for 6 months or more given we may be heading into a recession.
People are on edge because it's a bad time to lose your job at the moment.

@1hsn+1nDQmSgQ you ask why we're sticking around???

Severance cheque baby, severance.

I started looking for a new job as soon as the announcement came. I eventually got a different job. I will be approaching my first year anniversary at this job soon. I come on here every once in awhile to see whats happening. It is astounding to me that for the people coming on here and wringing their hands that they have had over a year to do something about their situations. BC is if anything very consistent with how they handle acquisitions. They WILL lay off people. And probably a lot of people too. As such why stick around here? Many of you could have found new job by now and not sit up at night worrying about this thing. You yourself have control over your life and destiny. So do something about it.

Everyone needs to NOT calm down. The c-level clowns insult our intelligence and will receive more money this year than I will see in a lifetime. The system is broken, but especially at VMware. The turtles provide more inspiration, insights and strategy that this stupid old confused man. How can people be calm about this behavior? I suggest delivering their money as pennies dropped from a helicopter on top of their mansions, yachts, and private airplanes.

"but I am sure some of the 100K IT folks that have been laid off this past year, would love to still be getting a pay check, no matter how down things seem to be."

Sounds like something HR wound say. It could be worse. It's safer to embrace apathy.

"VMware has lacked substantive leadership, and our technology is dated, we're all fearful of losing our jobs -- now that Hock knows the reality of our many challenges -- but we can all still celebrate that we have a paycheck (at least for a few more pay periods)."

Everyone needs to calm down. VMware is not the first company to be acquired, and it is not even the first time VMware has been acquired. Folks have been jumping ship since the acquisition was announced. So attrition is nothing new either. Things will change, life will move on. I learned a long time ago, running from a logo/what change may look like, rarely works. If someone wants to leave because of what may happen, go for it, but I am sure some of the 100K IT folks that have been laid off this past year, would love to still be getting a pay check, no matter how down things seem to be.

Basically nothing new then.

Nothing new, just the last death throes.

If anyone has something to say about the deceased, now is a good time.

Let the attrition accelerate. Even in this competitive market, I wonder if this is gonna play out like it did at Citrix, where just before the deal closed attrition was ridiculously high - especially out of sales/presales, marketing, engineering, etc. Job market was way better then, but people took their chances so as not to have to play musical deck chairs on the sinking ship...

Basically nothing new then. People have been on edge since last May, and there will still be no clear messaging on what will happen and how until 10-12 weeks from now. Just additional posts to put people more on edge than they already are.

This is all feels like HEAVEN'S GATE! The Simpsons should spoof us.

Time for the long overdue obituary.

VMware - An Obituary for Mismanagement and Missed Opportunities

In a not-so-surprising turn of events, VMware, the once-promising virtualization software company, has met its untimely demise. Despite its early successes and potential to revolutionize the industry, a trail of mismanagement and missed opportunities ultimately led to its downfall.

Former executives, who wished to remain anonymous due to the sensitive nature of the situation, were quick to criticize the company's leadership. One former high-ranking executive remarked, "It's no surprise that VMware has reached its end. The lack of clear vision and poor decision-making were rampant throughout the organization."

Another former executive chimed in, stating, "VMware had all the ingredients to dominate the market, but internal politics and a failure to adapt stifled its growth. It's a textbook case of how not to run a tech company."

Over the years, VMware had a knack for squandering potential partnerships and failing to capitalize on emerging technologies. "They were given golden opportunities to align with major players in the industry, but instead, they opted for wokeness and complacency," commented a former business development executive.

Industry insiders recall the missed chances for strategic acquisitions and the inability to adapt to changing market dynamics.

As VMware's obituary is written, its demise serves as a cautionary tale for companies that fail to innovate, adapt, and make smart business decisions. It's a reminder that success in the tech industry is not guaranteed, and those who rest on their laurels risk being forgotten in the ever-evolving landscape of technology.

In the wake of VMware's passing, industry observers hope that others will learn from its mistakes and strive for greatness by embracing change, fostering innovation, and avoiding the pitfalls of mismanagement. Farewell, VMware, may your legacy serve as a lesson for the tech industry's future endeavors.

"We're now in the last part of July and rapidly approaching the final month of August which in my opinion is the LAST month of the normal status quo."

Agreed, and it's now clear that Hock will quickly dismantle the legacy VMW Caste culture that elevated the current leadership team. His commentary to the EU regulators couldn't be any more candid, regarding what the Broadcom team has learned about the dysfunctional status quo issues that are holding back any progress, and the potential for new revenue and profitability growth. The key to survival is don't be seen as being aligned with the old complacent culture created by Gelsinger's faith in 'compliance'.