How many % will get FT offer ? how many % will get Transition offer and what % will be asked to leave ( no offer till 30 OCT)
Do people on FT offer will get letter/email like 1 week in advance compared to people on Transition role ?
If I don’t accept FT offer will I get severance by default ? Or i should just accept and don’t work for few months till they let me go in wave 2?
21 replies (most recent on top)
There are a lot of SVPs and VPs under NDA at VMware. They know parts of the story but can't share it.
I think it will be
20% reduction day 1
60% retained
20% Transition offers- some of them could survive longterm
Please, enough.
Can’t we all just focus on the main thing?!
Can you be our CEO please. 🙏
Everything's going to be OK. Raghu said that to me, so I'm trusting him. All will be well, and anything else is a rumor.
Less talk more KFC
Broadcom stated it’s goal is to grow the Ebitda from $3B to $8B in 3 years.
Prediction on percentage of people impacted at VMware circa 70%.
Can’t see their target being met without massive cost reductions day 1.
But hey, let’s all continue to speculate and create more noise, fear and rumours.
We are all nearing the end of the tunnel. Perhaps it’s time to focus energies into our future rather than what we can not control.
A.A Milne said it well….
Remember you are Braver than you believe, and Stronger than you seem, and Smarter than you think!
This is just a chapter in your book of life, with many pages yet to be wrote.
Good luck to all the VMware tribe.
The bucket size is 8 pieces
https://www.kfc.com/menu/fried-chicken/8-piece-chicken-bucket
You do have an option of “drums and thighs” or a “variety” bucket.
I suggest going 100% variety, I mean you live one once, but check the company FAQ for more accurate advice. This is an unofficial bucket channel. Also call etrade to make sure you set your bucket percentages correct.
Another good source of information is Buckethead.
https://en.m.wikipedia.org/wiki/Buckethead
This man knows his Buckets!
Legal at BC is very lean, they can’t take over all of our business.
You obviously haven’t been at a job where you are whipped and beaten on a daily basis.
Everything will be streamlined to operate efficiently vs. now where every large customer is a snowflake and our systems can’t keep track of what they own and use. That is why we need so many extra people running around with virtual clipboards bothering customers to tell us what they are using and talking about “terms”
In Hock land - you get the standard contract, if you don’t like it you can F off and close your data center. Think more like a dr-g dealer and less like a normal human being.
And if you make Hock repeat himself because you can’t believe it, he will whip your aśś.
We don't know.
We don't know.
We don't know.
We don't know.
I doubt it.
Up to you.
What’s a granola hug lol
The only time I have seen this go down it was about 10% ongoing, 70% transitional, and 20% immediate RIF. But BC has had a long time to study VMW so I'd guess 10% ongoing 40% transitional, 50% immediate RIF.
@zcb+1oLqVBNE, you have no idea! Legal at BC is very lean, they can’t take over all of our business.
GS: Ireland experiences a 100% layoff, while America also faces a 100% layoff, and India sees a 40% reduction. This is due to their ongoing training of 5000 engineers in Egypt.
Only Kim Hock Un knows, but don’t worry, he will tell you shortly.
Then you can continue to worry about what bucket you fall into each and every month should you be so “lucky” as to stay employed with Broadcom.
The VMware hippie crowd won’t know what hit them, much like Ellison buying Sun. No more granola hugs folks.
Even when day 1 layoffs and transition folks are gone there will still probably be more “optimizations” through the next few years until things settle. That’s kind of what su-ks. Even if you get a stay offer you don’t really feel good about things knowing how obsessed Broadcom is with optimizing their teams.
I came to Broadcom from the CA Technologies acquisition. The scary thing is that CA Technologies was actually running pretty lean by the time Broadcom bought us. Teams and employee counts were significantly leaned out since their early 2000’s highs, offices were sparsely populated, many product lines were shuttered after failed attempts to grow the business. And even after all that Broadcom STILL eventually reduced the 11k CA employees down to less than half.
Broadcom seems to be buying VMware in their most bloated and unoptimized state so I can’t even imagine what it’ll all look like by 2026 or so.
In some ways getting cut day 1 or after transition and then settling into a new job with a company who operates like a normal company (with empathy and a sense of culture and community) is better than getting a stay offer and wondering “how long can I hang on?”
Let the Corporate Squid Games begin.
Marketing, DEI and sales will be BU specific IMO. Core will likely shrink due to there being no significant available market to chase, as we've past peak hypervisor. Tanzu will hopefully be a growth focused BU, or at least given the chance to grow and if it doesn't will follow the same trajectory as core.
They have already said that transition roles will be few and far between so expect only a handful of people (perhaps 1%) to remain in the BUs that are going to be transitioned to a vendor so 99% laid off which is essentially the entire BU.
My speculation for Day 0:
Ops/IT - 99% gone, 1% transition (vendor to HCL)
HR - 100% gone as it's a total overlap (BC has different HR systems so there is "nothing" to transition that BC HR cannot do by itself)
Legal - 100% gone, BC has it's own so it's overlap
Marketing - 100% gone, first off BC does not spend much on Marketing, second they already have these functions in whatever small way they do it
Sales - 90% gone, BC has already indicated that they want to focus on ripping off and squeezing existing high value customers as opposed to generating new business
AI and other R&D type innovation based projects - 100% cancelled and all staff laid off, BC believes all this is a waste of money and affects their EBITDA goals.
DEI and other BS - 100% gone, this is common sense, BC considers DEI pure BS
As for how this maps to the % of overall VMW staff you do the math.
Quite a lot more than your 3-4% will be placed on transition.
I believe a large number will be on transition until they know for sure what they're doing. That transition could be next March or Feb 25 of course at 1.5 times the salary remember.
Zero people know. It's already been communicated that they are still determining this through mid October.
Every other question has been asked, and answered, repeatedly in the Slack channels. Most of the answers being we don't know. But if they offer you a job, and you reject it, why would you expect a severance?
We won’t know until we know.
My guess, no real insight.
Retain -60%
Transition-3-4%
Layoff- 35%