Would you accept an offer currently, given the RSUs Broadcom is paying this year?
11 replies (most recent on top)
I dont give a sh– about the RSUs. I left and I had > USD 700k in RSUs and not even those golden handcuffs made me stay. This company is only for a special kind of people (untalented, old people who retire soon, evil managers, people who just need the money, etc...).
You will be surprised what real market leading and innovative companies pay if you look around ;-)
I say there is no talent left. Those that remain have a niche for the old and convoluted code base/product. But this should not be mistaken as talent. This is simply keeping those that added the badly written code in the first place. Additionally, trying to keep old products on their last gasp breath alive for as long as possible, at least until Broadcom can profit from this deal. Outside of Broadcom though this talent offers little in the way of value here. Their skills have undergone significant atrophy, fallen terribly behind on latest technology, developed years of bad habits, using old API/Compiler versions, same old way of thinking, resists change and doing right for customers because “that is the way we have done it for 10+ years”. These products are not innovative ground breaking ideas anymore (yes some were maybe in 1990’s). They are expensive, buggy, hard to configure/use for the average customer and bloated. They saw market share decline for the last decade and more. Why do you think that is? Your talented persons working on the same product for 5 or even 10+ years is going to suddenly have a light bulb moment and what? Save the product? Not happening. They have gotten far too complacent, comfortable, taking care children during business hours. Forget about weekends or after 5pm. These people are resting and vesting. Talent has jumped the ship and if you cannot see that I’m sorry for you.
Broadcom kept the most experienced people.... no no no. Octane lept a lot of brown n...es, at least in emea
I worked for CA and I was offered a stay. b—s— who says there is no talent left: it depends on how long you had been in CA and your family constraints. If anything Broadcom pays well and they respected CA’s salaries, tenures, etc. If you go out prepare to decrease your salary by 30%. So, it depends on your personal situation. Broadcom kept the most experienced people, and actually they are now asking for good knowledge of products before hiring. So all this buzz about being subprime, clutching to Broadcom because you have nowhere to go is pure nonsense.
Now Broadcom is a job, not a career. They may stuff you with Rsu and give you salary increases but they consider you just a small cog in the machine. Their HR department is the worst I have ever seen. There is no career or progression in Broadcom: you will stick to what you are doing until they decide you are redundant. No training plan, no progression. Not even the possibility of changing departments/franchises. If you want to learn or keep up to date with what is happening out there it will be on you.
And please remember Broadcom is a financial company: all they want is please shareholders and they will be ruthless on maximizing ROI. This means no matter how hard you work or how talented you are: if you are in the wrong place at the wrong time, you’re out. We have seen it now that just one year after dismantling CA they are at it again with the remains. And they will keep on probably selling whatever they consider fit of former CA and Symantec to HCL, Wipro or the likes.
It is nothing personal. It is the money. So I would say if you are getting an average salary, or you have no big family, age or economic constraints it is not a bad idea to give a thought to move elsewhere. Otherwise don’t expect to last long but try to milk the advantages while always being loyal and professional, the same way they are milking you.
The choice is a bit like, "Let's Make a Deal!" You can pick door number one which may or may not have cash behind the door, but the choice requires you to work for an obviously unethical company that will gladly charge outrageous increases in customer renewals and merrily sue customers if the likely settlement will be higher than the customer's current expected lifetime value and a company that brazenly promotes a tangled web of deception to hide the truth about shoddy products and support. Or, you can pick door number two for a new opportunity to regain your self-respect.
How many times a day do you have to pretend like you didn't hear something or you didn't see something or you purposely avoided something that you know is unethical and even immoral? The Broadcom RSU plan is truly a deal with the devil. But, tomorrow's a new day and a new opportunity to pick door number two.
left a year ago, no rsus , no severance , but a million times more happy!
If you want more change, uncertainty, and enjoy long hours, please stick round.
I left Broadcom despite the RSU offering, and I got a better job within a few weeks after making the decision and I never looked back. All what I told people would happen back when the offer letters went out came to pass, namely what you see now with the layoffs in non-core etc.
When I saw all the innovators (and yes, there were some) jump ship before the deal was even closed, and a lot of top-level execs as well that abandoned their stock and ran for the woods, it was clear this is going to be a sh– show and didn't want to stay around for that.
Forget the RSUs, make sure you get a good offer and leave Broaddust.
Most people whom remain at Broadcom (formerly CA) are not competent to pass a technical interview anywhere right now. The talented people came when CA purchased the little companies, but those talented people are long gone. Anyone CA hired after the smaller company purchases are below market average in terms of talent. They cannot leave right now even if they wanted to. Good luck.
If you are not close to retirement, then you should leave. Don't mess up with your career just for the RSUs. Just think why AR and the top guns left the company? They should have been stuffed with Broadcom RSUs, but they still left. Just read between the lines and make a move if you have a good offer in hand