Make if it what you will..
https://www.broadcom.com/blog/broadcom-vmware
16 replies (most recent on top)
I don't trust what this guy says even 1%. Of course they need to say nice things now - if everyone runs for the exits they'll be purchasing a non-functional husk of a company. They need people to trust them and want to wait it out and see what happens, so they're turning on the charm. I'll be out as soon as I get an offer that I like. Fingers crossed.
Yet our HR Diversity Chief thinks this deal will create nothing but opportunities for us.
I worked at CA when they were acquired by Broadcom. I was let go on day 1 and came to VMWare 18 months ago. In the beginning we all said there is no way they could cut that deep. About 2 months before the deal closed, the HR leader posted that the cuts would be deep and told people to be prepared for what is to come. I’m not sure if this was done with or without Broadcom’s blessing, but I was one of the people that said there is no way they could run the business with so few people. Somehow they did and actually grew the business. I am no fan of Broadcom and thought I would be able to work at VMWare for at least 5 years. The severance is going to be small for me but with certainty, I will be laid off a second time by Broadcom. At this point I am just running the clock and hope the deal takes a long time to close.
To anonymous @1aha+1hmIBotf: you are right, the numbers are ridiculous and the same numbers the CA people said would be ridiculous too. If you think Broadcom is keeping half of the current staff see if you can go out on permanent disability because clearly you are not getting it. Not trying to be rude to you, but the cut will be 70% or greater - guaranteed.
simply dividing revenue by headcount is silly. VMW's business is totally different to Broadcom, there isn't a 1:1 correlation like that.
Hardware has zero sales and marketing because that is completely done through OEMs, software on the other hand needs to be sold and supported to customers, eliminating such roles will be essentially the death of the company - I am hoping Broadcom has the sense to understand this.
You can't run VMW like it's Broadcom. Totally different business. Not saying there isn't fat to cut in VMW but the layoff figures that some people are throwing off here like 50, 60 or 70% of staff is downright ridiculous. The company will devolve into nothingness if so many people are cut.
I was happy reading the post, until KC posted in internal slack channel that it was written TOGETHER with VMware team. No wonder it's all in familiar VMW language. This is senior management doing their job to calm employee down, by lying since that's their only choice. Remember they will walk out with millions while employee will worry about jobs.
Anyway, this is the actual BC language since this was after completion of CA: "We intend to invest in and grow the CA business to further enhance its capabilities in mission-critical infrastructure software solutions".
The reality is the complete opposite. The above is what will happen to VMW. As employee, we can be and should be good human being, but don't be naïve.
Modern app are anything post mainframe from their point of view I’d guess.
Broadcom's purchase of VMWare is simple to understand.
VMWare revenue = ~$13 billion
VMWare headcount = 37,500
revenue to employee ratio = $347k/employee
Broadcom revenue = ~ $30 billion
Broadcom headcount = ~20,000
revenue to employee ratio = $1,500k/employee
VMWare is way over staffed and charging too little for their products. Both these issues will be resolved shortly after the acquisition. If you are working on core products with a good revenue stream and are are very productive person, you are likely safe.
Not really anything new here. Just a restatement. VMware's multi-cloud offerings = vSphere on AWS, GPC, etc. which is top of their list to keep. Modern applications = running on Tanzu / Kubernetes, which could be good news for Tanzu. Broadcom AIOps = bad news for Nyansa / ENI due to overlap and lack of Nyansa sales. Broadcom Observability = bad news for Tanzu Observability due to overlap and lack of sales. Broadcom Cybersecurity = bad news for VMware SASE security offering. No mention of networking makes me wonder about SD-WAN which is successful but not huge sales.
If anything this is for customers more than the employees
Deja-vu
https://www.techtarget.com/searchdatacenter/news/252456473/Broadcom-execs-Heres-how-the-CA-acquisition-works
Ponder for a moment
a private equity firm that bought what is the basis of Broadcom and then installed Hock Tan as CEO and then worked with Broadcom to acquire many companies…
… is somehow magically going to change their playbook that has been so successful to date.
When is the movie coming out?
Popcorn
Sounds familiar
https://investors.broadcom.com/news-releases/news-release-details/broadcom-inc-completes-acquisition-ca-technologies
Boy, GPT-3 is getting pretty good…
This section says it all:
VMware is an iconic software company with a vibrant ecosystem, including hyperscalers, system integrators and channel partners. We don’t want to change any of that, and in fact, we want to embrace those relationships. We have tremendous respect for what VMware has built, supported by a skilled team of engineering talent. It is for all these reasons and more that we’ve committed to rebrand Broadcom Software Group as VMware.
They are very clear in this statement and basically will cut every other function to the bone. You have to respect the fact that they are NOT saying “employees are valuable to us” or “we bough VMWare because of the talent they have”. They do tell the truth if nothing else!
ROTFL...
don't you boneheads realize this is spin...? the press and analysts (not financial) see how bad this is they're doing anything to spin it positive...
lmfao...
Its fluff. Lots and lots of fluff. Just more of what has already been said phrased in a slightly different manner.