Thread regarding VMware layoffs

1. Umesh M, the SVP/GM that bought Avi networking, was a shareholding founder of Avi.
2. Rajiv R (COO) was not only a friend of the original VC, but also an investor through his own fund into Velo.
3. Tom G (SVP/GM) was brought on in the Bracket acquisition where he had to lay the whole team off (with VMware funded severance packages) and then hired them all back to go destroy the networking BU.

All of this might not be illegal, but damn the integrity of this company is out of this world.

VMWare leadership abused their power. This includes the GMs in most BUs. The acquisitions damaged VMW valuation and tanked vmw stock value. This came on the expense of the employees who rely on RSUs as major part of their compensation.

Carbon Black and Pivotal tanked vmw stock value. We suffered mainly since then. Now we are 50% down and it is still open for the $40 a share.

On top of that, you get GMs like the VeloCloud and buys terminal startups. Now Nyansa is another c-appy startup that is useless. Just like Uhana. Claims they are an AI-based company. Then after you peel the onion, it turns our to be a c-appy useless outdated data platform that you can build using 5 freelancers.

Then the politics fight between the incoming leaders who believed that they are useful and the existing leaders. Then firing the incoming leaders. And who is in loss?

Vmware employees with RSUs and investors who bought vmw shares and trusted VMWare leadership.

This is why fraud is obvious and especially over last 2 to 3 years with all low end terminal startups that ended up in the garbage.

Why was AVI networks acquired ? There is not an Iota of Innovation in their products . And to think that we needed a LB . Everyone knows the answer to this question is nepotism . That is simply how things work in this world . The guys at the top are there because they are smarter than the rest of us . Loyalty , hard working ethics etc are for the peasants like us . The top guys have always been lining their pockets and that should not come as a surprise for anyone .

They should also investigate the purchase of Velocloud for high valuation. Someone close to founders told me that the CEO of main VC firm that funded Velocloud and COO of VMware are close friends. The VMware COO goes to this VC's home to play tennis. They are both from same region of southern India. When Velocloud was rejected by Cisco and then Cisco decided to buy Viptela, everyone in Velocloud and the VC's were devastated. There was no buyer who could dish out big money. The VC's had funded this so called company for 5 years and desparetely needed an exit. The company was about to collapse without fresh round of funding. In this situation, VMware could have had Velocloud at bargain price but the close relation with COO of VMware came to the rescue as per this inside source.
This VC firm has its development center in Southern India and this is a very standard practice for them. First they create something that resembles a product using cheap labor in India. They do not care about creating any great product or solution. Whatever is hot area at any given time. They have created relationships with various executives from big hi-tech companies. These executives are mostly from south India but some of them are from other parts of India and some are white American and European executives from hi-tech companies like Juniper, Cisco, Nvidia, Microsoft etc. They offer these executives some incentives and then use their help to sell a company at high valuations. After the company is sold, the product or the problem becomes the liability of the buyer. Most of the times, the buyer tries to invest some money to make the product better but in an year or so it is declared as bust. For companies like Juniper, VMware, Cisco etc hundred million to half billion is nothing especially when it is paid in stocks. They just adjust their results and nobody ever talks about it. Its a shame that SEC never investigate these VC firms and crooked executives for insider trading or fraud.

I experienced over 3 small acquisitions. Each time, they give it 3 or 4 months. Then the leadership (director and above) is fired. The staff is merged under new managers. Most staff gets laid off, move within VMware, or leave VMware at the 1 year mark. It is the same each time.

Marketing hype for couple months and then it goes dead. 2 of the 3, the GM left or let go after 1 month. The same pattern each time.

Avi Network is on the same road. Signs already started.

Nyansa at NSBU will be the same. See their Glassdoor, you will know it is another garbage cheap terminal startup.

They shut them down a few months after that anyways.

They replace diverse staff with Indians

Bitnami and CloudHealth are both financial flops. Due diligence was NOT done and the GM left VMware recently to join another startup.

Nyansa and Bitnami related corruption at unbelevable levels.

The case is mainly for Pivotal and Carbon Black. The acquisitions caused major depreciation of the stock value. Hence, major losses for investors. Small startups are worthless. They shut them down a few months after that anyways.

I learned the probe includes Nyansa Acquisition that happened couple months ago. Seems the GM is benefited personally. And many individuals were involved including senior staff.

We will see some people dragged to jail, hopefully, the racist ones sometime soon.