Thread regarding VMware layoffs

EUC US letter coming out

Placeholder for EUC is Broadcome EUC while it is under strategic review. No change to Compensation.

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| 3482 views | | 17 replies (last November 28, 2023) | Reply
Post ID: @OP+1pNoQuWj

17 replies (most recent on top)

no bonus increase or no bonus at all?

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Post ID: @1xgf+1pNoQuWj
So you feel screwed because you did not get let go? You do not get rewarded for sitting on your hands doing nothing and hoping for a payday. If you don't want to be part of the future then leave! EUC and/or CB does not need your work ethics. Heck they do not need your personal ethics either.

LOL loser

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Post ID: @lej+1pNoQuWj

@vse+1pNoQuWj
"No RSUs, no bonus and no change to reject and collect severance. CB and EUC people got screwed…"

So you feel screwed because you did not get let go? You do not get rewarded for sitting on your hands doing nothing and hoping for a payday. If you don't want to be part of the future then leave! EUC and/or CB does not need your work ethics. Heck they do not need your personal ethics either.

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Post ID: @smh+1pNoQuWj

EUC got screwed bigtime...no choice of severance was injustice when rest of company got that choice. Same with raised bonuses and RSUs. EUC leaders let us down.

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Post ID: @sfm+1pNoQuWj

“I just declined my read only, no action required "letter of continuation". Now what ?”

I’m pretty sure it’s not an offer letter that you can choose to accept or decline. You have been told your job continues. No option to take severance!

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Post ID: @myq+1pNoQuWj

I just declined my read only, no action required "letter of continuation". Now what ?

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Post ID: @qfg+1pNoQuWj

CB & EUC must be quoted standalone (when quoting begins again), says it all really

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Post ID: @iss+1pNoQuWj

No RSUs, no bonus and no change to reject and collect severance. CB and EUC people got screwed…

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Post ID: @vse+1pNoQuWj

Basically business as usual until Broadcom sold EUC. Not sure how many more months it will last?

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Post ID: @rmd+1pNoQuWj

there is no RSU no bonus period! We have to make do with just the base. And on top of that everything else is inferior, holidays, medical insurance and what not.

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Post ID: @uzh+1pNoQuWj

No RSU's for EUC, but no affect to bonus. Or at least they didn't say so in the letter.

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Post ID: @xsr+1pNoQuWj

I'd anticipate a "strategic review" will not delay headcount cuts. BC has to get EUC costs in line with the market opportunity and no PE suitor is going to absorb the lay-off costs.

I just wish that the EUC leaders were in the loop so they don't have to fabricate details.

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Post ID: @dcw+1pNoQuWj

Confirmed

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Post ID: @zsy+1pNoQuWj

"No change to Compensation."

Really? That seems highly unlikely since bonuses and RSUs will be impacted.

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Post ID: @mwh+1pNoQuWj

Confirmed

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Post ID: @bty+1pNoQuWj

Another rumor. Did this once also come from Rob Ruelas?

Seems like the EUC leaders are trying to avoid further employee attrition by providing speculative updates, in the absence of any meaningful information coming from Broadcom Software managers. This may encourage older (close to retiring folks), but I see more younger employees are eager to get their severance and leave our BU.

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Post ID: @tsw+1pNoQuWj

Confirmed

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Post ID: @njv+1pNoQuWj

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