Thread regarding VMware layoffs

May I know why the transaction/layoff of vmware empolyees is already started while we are still waiting for the approval from China’s State Administration of Market Regulation?

@1zdq+1pfmlFNO exactly, higher base, higher bonus, very happy with the RSUs, technically a promotion as well. Zero complaints. The letter explained everything I needed to know.

Stupid question I’m sure, but who is Jill Turner?

The Broadcom team does not give a f. But the sense of being let down by VMware's "leadership" is strong. They say it is the best thing for shareholders. They mean one particular shareholder, a certain PC manufacturer based in Austin TX.

All these keyboard experts who have done a perfect job with 40,000 employee acquisitions before...

Rule through fear and chaos, they said, it's a recipe for success.

This is actually all pretty normal. Think when you first started a job? Through the interviewing phase and before you start. They can provide basic information, but not much more.
I was an acquisition into VMware and we knew almost nothing about VMware when we started, so they are not a shining example.

|I'll tell you the health insurance almost mirrors VMware's on the surface.

Check your math, BCs insurance premiums are paid 26x/year vs VMWs 24.

Health insurance information has been shared with teams in the unofficial slack channel

Thanks for supporting the criticism on the companies not being transparent.

Better than having the systems cut off on a random day after the acquisition or being laid off on a zoom call.

I love the excuse making. They reveal nothing at all about what awaits on the other side, eg health insurance which in the US intrinsically tied to your job (for the worse obviously). There are tons of other examples of being more transparent without breaking the law.

Health insurance information has been shared with teams in the unofficial slack channel. If you haven't seen it, ask. Don't out yourself on here though by asking directly in slack. Ask a manager or your coworkers. I'll tell you the health insurance almost mirrors VMware's on the surface.

Yep. This is the fifth acquisition I’ve been through (if you count EMC/VMW) and it’s the worst I’ve seen. It will be interesting to see how this all works out… I’m skeptical that there’s an understanding of the software industry or even a long-term real plan. And no, “milk it til it dies of neglect” isn’t a Lego plan. Time will tell.

If it was so bad, how many folks offered a position with AVGO have decided to walk? Any one I've spoken with is thrilled.

And this is the guy (Mr Tan) that wants to increase revenues 3X with 1/3rd the staff and he can't even prevent chaos and confusion right at the starting line. Yeah good luck with the 3X increase in profits...

100% !!!

I love the excuse making. They reveal nothing at all about what awaits on the other side, eg health insurance which in the US intrinsically tied to your job (for the worse obviously). There are tons of other examples of being more transparent without breaking the law.

@clk+1pfmlFNO take that up with your country's government. Both parties in the transaction have to follow the labor laws specific to whatever country a particular employee resides. In Germany for example offer letters cannot go out until they've met with the works council... that can't happen until after closing.

We all want certainty but I am not so important as to expect a giant corporation to break the law in order to provide it.

@OP

In private equity it is.

Aside of all this, there’s even most of the countries completely left in the dark outside of the US.

What a sh-tshow