Thread regarding VMware layoffs

Rob Ruelas is part of the sales org. He’s responsible for worldwide EUC sales, his jurisdiction is sales only. Anything about a spin-off would need to come from Sumit before I put any level of confidence in what he is saying. Even then, Summit does not own EUC engineering, that’s Shankar.

so... any bet on this rumor? and would it be a good or a bad news? either way, we'll know really soon, now! And I bet there will be a spin off

@4jxb+1l5n7fe3 I must confess I've seen the financial report highlights that get sent out and I've seen the longer version report that is linked to similar to this:

https://www.vmware.com/content/dam/digitalmarketing/vmware/en/pdf/earnings/vmw-earnings-release-nongaap-q323.pdf

But I've never seen any break down of earnings per BU, where can i access this information?

Thanks in advance!

@4joz+1l5n7fe3

They break Financials out by BU every earnings report.

@4sue+1l5n7fe3

Yet still makes decent money and was the first BU in the company to go completely subscription licensing. It's been underfunded for years and needs actual money to make progress.

@4qtm+1l5n7fe3 Where can we see these financials?

Seriously, where is anyone getting this bizarre impression that EUC's products are profitable let alone the most profitable?????

Because the financials shared within the company show it as the 2nd most profitable BU. Much of the money the BU makes doesn't even get invested back into the BU, but instead subsidizes other unprofitable BUs.

Seriously, where is anyone getting this bizarre impression that EUC's products are profitable let alone the most profitable?????

This keeps being mentioned as though it's gospel in all sorts of forums. Who is benefitting from painting this picture? Is this customers trying to get Azure or AWS price breaks?

EUC implementation and leadership is such a joke internally that EUC business decisions are literally being cited in planning calls as prime examples of a BU failure. CIBG lately seems to be reveling in the plight of EUC falling off a cliff. EUC hasn't been supported or staffed as a strategic priority in nearly 5 years.

Someone give @4sgw+1l5n7fe3 a job in sales, this cat would smash it.

@3min+1l5n7fe3

You how your computer keeps all of your data and apps on any pc you get? You know how you go to your login portal in a browser and see your retirement stuff, slack etc? That's euc

I just hope some good company buys EUC but in this difficult time I am not sure if any company would invest.
Any idea if there are any intrested parties ?

For those posting that EUC is a good or sh_t product, I would say you have no idea what you're talking about.

To be honest, I've been here for 7 years and have no clue what EUC is. I don't care enough to search for it in Source, but VMware is a huge portfolio.

you get a downvote. stop mansplaining. jfc

For those posting that EUC is a good or sh_t product, I would say you have no idea what you're talking about. EUC at most vendor companies is a business unit and not a single product.
Every single company in the world need an EUC product. What do you think employees use to connect to the server/db/app running on vcf or vSphere? That is correct, an end user using a computer or device. What does VMware EUC make? Workspace One that manages, secures and provides compliance based access to devices, win,Mac,iOS, android etc. Or Horizon to provide vdi / application access.

@2dyy+1l5n7fe3

While it's profitable it requires innovation for it to continue to do so. I think Hock would like the easy win products such as vcf because every datacenter is going to use it vs euc which has larger competition.

Carbon Black layoffs next - expect 30-50%

Why would hock spin off the most profitable biz. Doesn’t it make more sense to keep it?

I’d guess the restructuring of what we are seeing is his way of organizing the business so that there are clear swim lanes, every product line has it’s own targets to meet and he has a single throat to strangle. If everything is mashed up, you can’t untangle what is happening.

As a bonus, you can easily sell it off should the need arise.

EuC is a decent product, however the sales teams are about as smart as Cuba Gooding Jr's character in Radio. "We haven't been teaching Radio, he's been teaching us!"

It is better that EUC is spun off. Atleast they would still have option of WFH and might be no layoffs or very less layoff. EUC is one of the most profitable business of VMware and evenly balanced so with the revenue they make it is very easy for them tk manage.

If you think PE is excited about innovating anything in the traditional EUC space, you may want to think again...

https://rakgarg.substack.com/p/squeezing-citrix

EUC what a sh-t product, must be spunoff. I have no doubt hoc will cut it asap.

I wonder about the legality of these changes since we are not yet owned by Broadcom. Anyone with ideas?

Makes sense. The whole work from home revolution is over.

Which PE? You have all the insider information so who if the private equity company.

EUC is getting sold to a private equity firm. So if you are in EUC I would start looking for a new job. The plan is to extract anything of value out and get rid of the excess.

Finally some useful information and not trolls or wild guesses. Thank you.

"Great report - thanks. I'm wondering if somehow there will be a merger of Citrix and EUC, since there is the Broadcom connection."

Maybe Hoc is making Kraus pay for his bad idea and sticking him with it.

Great report - thanks. I'm wondering if somehow there will be a merger of Citrix and EUC, since there is the Broadcom connection.

Thanks for sharing, what is NDA?

It sounds like it will be similar to Carbon Black which is being more independent aka ready for a spin off.

best thing would be to get spun off to a place who will actually spend the money on EUC vs using it as Dell used VMware.