Thread regarding VMware layoffs

Folks with Offer Letters - What's your grading, BU and RSU offer?

I'm US based - Sales P4, got FTE with 56 Broadcom RSUs

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| 2832 views | | 8 replies (last November 4, 2023) | Reply
Post ID: @OP+1ppJWkl1

8 replies (most recent on top)

Director but new title in offer letter. Salary unchanged. 400 RSU w/ vesting schedule.

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Post ID: @1pue+1ppJWkl1

“Manager” no idea what the grading is on that… Same Salary, 300 RSUs vested quarterly over 4 years.

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Post ID: @jym+1ppJWkl1

P3 w/ 70 RSUs, vesting quarterly

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Post ID: @skf+1ppJWkl1

P4 - 90 RSU's. vesting quarterly.

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Post ID: @ngd+1ppJWkl1

@jfq+1ppJWkl1

2000 RSUs my A$$

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Post ID: @ats+1ppJWkl1

P6 with 2,000 + RSUs.

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Post ID: @jfq+1ppJWkl1

Strategic Sales BU, US Based, P5, 82 BC RSU's

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Post ID: @eyt+1ppJWkl1

I'm also US based, Sales P4. My offer includes with 80 Broadcom RSUs with a vesting schedule. Here is what is in the letter:

Dear xxxx,
We are pleased to welcome you to the Broadcom group (although please note your employer will continue to be your current VMware, Inc. entity). We are also proposing some changes to your terms and conditions of employment, which are set out below. Please note that these changes are presented as a package and you must agree to all changes in order to be eligible for the equity grant described below.
Your position will be End-User Sales Engineer 4, reporting to me. For the purpose of calculating your years of continuous service, your date of commencement of continuous service with your VMware, Inc. employer will be used.
Your compensation package is as follows (less
applicable deductions and withholdings):

  • On-Target-Earnings x-x
  • Annual Base Salary2 X-X
  • SIP Target Incentive1 x-x
  • Pay Mix x-x

In addition, I am pleased to inform you that subject to and conditional upon your agreement to the
changes to your terms and conditions of employment, as described in this letter you will be granted a
multi-year equity award with...

... and so on.

hope that helps

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Post ID: @cdp+1ppJWkl1

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