Thread regarding VMware layoffs

Oh, don't get me wrong, Broadcom acquisition was the best thing that happened to me financially in the long run.

It's not about bitterness of "not surviving" (far from in fact).. It's the way they treated the people and the process.

It's about making an informed decision. Look carefully at the offer letter (assuming they will do the same process) and whether you're actually better off or not. Don't just sign because of the pressures they put you under.

What I'm saying is- don't be surprised if information is lacking or if you feel that "rules/laws" are not being properly followed.

The unknown is a stressful time for a lot of people, especially those with kids, mortgages and other responsibilities. But for many (who didn't just quit early on), there was a fairly decent severance package to consider too.

Talk to your manager. But of you actually want impartial advice, talk to your solicitor.

If you've been there a long time, it might just be worth waiting for the severance rather than jump ship now.

Twice acquired by Broadcom here.

Bu-----t. Rules are rules, laws are laws. I twice got generous severance packages.

Don’t listen to bitter people who didn’t survive an acquisition.

Get off anonymous internet chat boards and talk to your manager.

Seriously.

"Broadcom will always follow the law"

Google disagrees.
FTC charges computer chip supplier Broadcom with illegal monopolization

Broadcom Under Antitrust Scrutiny – Again

If they did follow TUPE, it was a shambles.

The reason for the contract change was the acquisition, yet contracts were worse in most cases. Holiday entitlement down, less net pay. Any improvement to pay was moved to incentive bonus/target related/shares

As far as I know, there was no ETO reason given during the consultation period. In fact, very little was answered during that period. Legal advice was that it wasn't being followed properly.

Of course the argument on wether it was or wasn't actually followed was never tested since almost everyone took the severance package and moved on.

This is not true. TUPE was followed with Symantec, in Europe. What may happen is that people do not understand what they are entitled to and what TUPE covers.
As a minimum, Broadcom will always follow the law.

I forget exactly how the pay out was structured, but it was defintley considerably better than statutory pay. Check gov.uk for statutory as it depends on age.

If you have been there for any decent amount of time, say >5 years, it was a non brainer to take the money and run.

I belive it was something like 6 weeks pay + 1 month for ever year.

It was packaged as redundancy, even though it was technically a payout for not agreeing to changing your employment contract. Also, the first 30k is tax-free for redundancy.

Do you know what the average severance package was?

I guess them not following TUPE was related to UK?, while they may have been breaking employment law the penalties for that are so small (relative to the payoff that a typical employee working in IT would get if they took them to a tribunal) I don't think they would necessarily care. What did they offer for a payoff at Symantec?