Thread regarding VMware layoffs

Vmw stock lost 17% in two days

This is very scary. Even though the market overall is down but all of a sudden, vmw stock lost ground much faster than the market. In 3 days, 17% down at a very bad time. Nov and Dec are the months to “reorganize” essentially prepare the lay off sheets upon loyalties.

by
| 4321 views | | 8 replies (last November 22, 2020) | Reply
Post ID: @OP+17FxRXpU

8 replies (most recent on top)

layoffs happen every year in jan, stop playing BS drama games, go do something productive.

by
| | Reply
Post ID: @ootl+17FxRXpU

Heard that layoffs are going to start.

by
| | Reply
Post ID: @jdxp+17FxRXpU

Namaste ! This is imminent. Hang in there. Just a few more months.

https://economictimes.indiatimes.com/nri/visa-and-immigration/joe-biden-plans-to-increase-h-1b-visa-limit-and-remove-country-quota-for-green-cards/articleshow/79108357.cms

by
| | Reply
Post ID: @exqd+17FxRXpU

Regardless of race or location anyone can be let go.Don’t presume your not replaceable.I have seen good and bad let go over many years.If you’ve an issue raise it internally and stop the b—s—!!

by
| | Reply
Post ID: @ejaa+17FxRXpU

Reason it is down because of vaccine news. Tech is overvalued by 30-40% except Apple and google. Hence a correction is due. Others are selling stocks which are overvalued and investing in undervalued stocks.

by
| | Reply
Post ID: @ewgl+17FxRXpU

Sad. Toxic Indian controlled EUC in Palo Alto.

by
| | Reply
Post ID: @2lka+17FxRXpU

Not just a 50 white dude. Any non-Indian is at risk. Especially US citizens. Ask EUC and NSBU

by
| | Reply
Post ID: @1kat+17FxRXpU

net, it's not about the stock price itself wholly, but you're right, if the price is down with no apparent reason it means quarter end insiders have leaked bad news. if that's the case, hang on to your buts. it's a terrible time to be a 50 year old white dude that is an IC. Cutsville.

by
| | Reply
Post ID: @cit+17FxRXpU

Post a reply

: