Thread regarding VMware layoffs

Hoc's list for the chopping block

See here for rough distribution of employee headcount by job functions in tech companies. We can use this as a rough estimate for VMware as well.
https://carta.com/blog/compensation-report-h1-2022/

Engineering (25%)+ Sales (12%) + Operations (8%) + Customer Success (7%) make up nearly 50% of the headcount. So if Hoc wants to hit the 70% cut, you can imagine where the biggest numbers will be. Engineering is not immune and will get hit severely. Sales and Customer Success can be easy pickings for 20%. They might get wiped out almost completely. Operations will be reduced to 1-2%. Engineering might come down to 10% after Hoc ruthlessly cuts the Tanzu and other wastelands.

Think I'm crazy. We'll find out when the numbers hit the news post November.

by Anonymous
| 2812 views | | 8 replies (last August 24, 2022) | Reply
Post ID: @OP+1ilWAMRA
Comment! It's anonymous!

8 replies (most recent on top)

Following suite from previous acquisitions (Symantec & CA) the first groups to go were HR, People teams - think internal culture staff, internal training teams and non revenue generating teams. R&D gone. Professional services were shipped to HCL and Tata consulting services. Support took a massive hit with teams being sold to HCL. Middle & team managers who didn’t find a home or take one of their employees’ role got the axe. Customer success managers who were not on a paid-for contract role were cut after a year. With your manager gone, there is no one to protect you. Those with intern/junior/ associate levels were always the first on the chopping block. Hock was open in town halls that he is not interested in interns or recent college grads. The single redeeming quality was the RSUs that came with an offer letter. You’re going to want those because you will be miserable. Want a Taco Tuesday party or a team meeting offsite … well enjoy spending your own personal $ because they provide ZERO in budget with the reasoning “we pay you well, spend what we give you.” Hope this helps some. Things could be different given the size of VMware. If you do not generate revenue, you’re in danger.

by Anonymous
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Post ID: @2vpz+1ilWAMRA

Customer Success is on life support anyway after Agarwal and Dhawan comprehensively screwed it up.

by Anonymous
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Post ID: @1ztq+1ilWAMRA

Tanzu is getting cut.. I heard Hock is learning swahili right now as he is going to yell in the native tongue as he swings his axe down to chop....

by Anonymous
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Post ID: @1alt+1ilWAMRA

Will be a mixed bag of divestiture and layoffs. question now is what businesses are actively being shipped around? core, olde sheet, and you know what that is...prevails at some level.

by Anonymous
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Post ID: @1mgo+1ilWAMRA

Think your way low on engineering number and operations

by Anonymous
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Post ID: @lyp+1ilWAMRA

Customer Success is definitely gone. Hock could care less about his customers succeeding.

by Anonymous
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Post ID: @jji+1ilWAMRA

The government stated, we are not in recession. Unemployment is at 50 years low at 3.5%. Think about it, only 3.5% of people temporarily out of jobs. Inflation Reduction Act signed and economy should do even better. Unemployment might hit 1% ? Companies should start hiring or retaining people as the market is low on talents. No one should be worrying about anything, in fact, you will be spammed by recruiters wanting to poach you. The magic of numbers and statistics vs reality.

by Anonymous
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Post ID: @san+1ilWAMRA

Another baseless guesstimate. What is the value of your post?

by Anonymous
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Post ID: @luh+1ilWAMRA

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