If you have an odd meeting invite with a manager you dont know, then you may be getting layoff.
I dont know what areas or size, I just got an odd invite and a few coworkers too.
There have been rumors about a layoff for late January or February and with the Town Hall in a few weeks this is likely it.
Good luck.
Michael Dell (51% share holder of VMware) decided on his own to kick this whole disaster into action but selling VMware to Broadcom.
Then old VMware guard didn’t offer the EUC people and severance packages to choose to take like other VMware employees, keeping us around to move to KKR.
No salary increases for 3 years, downgraded benefits, and HR department who doesn’t even respond to HR tickets for 4 months or longer, etc., etc.
Then even technical support people blowing it out the park with awesome customer service, pulling in large deals, get let go this week.
Those tear je-ker videos shared around showing other KKR employee sharing programs just made the new Omnissa employees stay longer, only to be given cr-p employee “ownership” tokens, and then booted out the door for doing a great job.
"Everybody has to get out of the vmware mindset, do actual work, eliminate overlaps in roles, and so on. That's what is happening today."
What's happening today is recognition that our leadership has failed to deliver results. However, Shankar's direct reports won't feel the pain of their ineptitude. It's shameful.
"CS is getting seriously downsized, and that's mostly a cost/benefit thing."
Native SaaS companies know how to build their Customer Success (CS) team. Our ex-VMware managers and employees transferred into CS had many challenges. Most of us had no experience with end-user customers. We previously supported SysAdmins in the IT department. Moving us into CS roles was a really bad idea. Experience matters, when you're driving a big change in the GTM approach. Best of luck to those impacted, like me.
No innovation, no investment, no raises, only cuts and milk the existing customers. Private equity 101 strategy."
KKR had to act in response to the decline of the EUC business model. Revenue and profit have spiraled down for some time, so these cuts were inevitable. If the Omnissa turnaround efforts continue to fail, expect more later in the year.
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Omnissa do not have an answer to the current challenges, Microsoft are beating us up and we seem content with the same old message and GTM approach, they didn’t work 2 years ago and they don’t work now. If we could deliver on the roadmap we could have some great differences but most customers are simply using MDM.
The cuts yesterday were needed, I was one of them. There is simply too much bloat, overlap, lack of measurement, and duplicated effort.
We are sending our field staff into situations without the right intel or ammunition, and we all know how that ends.
Good luck everyone.
"No innovation, no investment, no raises, only cuts and milk the existing customers. Private equity 101 strategy."
KKR had to act in response to the decline of the EUC business model. Revenue and profit have spiraled down for some time, so these cuts were inevitable. If the Omnissa turnaround efforts continue to fail, expect more later in the year.
Over 350 employees have been laid off, primarily individual contributors, along with a few managers and directors.
The majority were based in the U.S., followed by EMEA, with a smaller number in India.
The cuts affected nearly every department, including sales, sales engineers, customer success, PSO, support, technical marketing, competitive, and more.
Sad day.
"2 weeks of pay for every 1 year at the company past 4 years. So if you have been at the company 5 years, your severance is a single pay check. Would have been better off getting laid off by BC."
What did you expect? For anyone thinking KKR is in this because they love their employee, you need to sober up. The story you saw/heard about KKR sharing profits and being the best outcome for EUC is BS. Wake up folks... it will only get worse from here as the next round of layoffs will get even less!
To increase profit they need to reduce costs. The company was still working in massive overlay functions in go to market, as styled by VMware. In go to market, you either need to be billable and utilised, or carry a target. Thereby the mass reductions in CS and PS.
2 weeks of pay for every 1 year at the company past 4 years. So if you have been at the company 5 years, your severance is a single pay check. Would have been better off getting laid off by BC.
No enough work for every person in PSO. Existing customers have mature use case and no need for PSO, so sales needed to deliver. Is very sad
Cuts in US, opening in India.
Lots of great talent leaving and those that play politics staying - the old VMware dinosaurs
The people that are being let go are not making sense. Some are not performing well but they were performing just fine before Omnissa, so you have to question did they have the set up to perform in the first place. Some being let go are seriously good people, great with customers and colleagues
This is a bigger event today. And some good people are getting swept up in the action for being in the wrong role at the wrong time.
CS is getting seriously downsized, and that's mostly a cost/benefit thing.
PSO is getting cut, mostly people with low utilization, which is mostly a result of being not very good.
Remember that Omnissa didn't cut any headcount outside of the US yet, and this is the first opportunity to do so.
Everybody has to get out of the vmware mindset, do actual work, eliminate overlaps in roles, and so on. That's what is happening today.
Got mine. EMEA.
EUC stands for Extended Unsatisfied Customers.....some legacy influential folks got life boats after vmware doomed miserably. Unfortunately their life boats are also getting hit by severe storms on the way to shores......we need unions in tech industry....
I'm hearing PSO, SE, Sales, CS affected.
What departments are the cuts coming from?
India lol
EUC lol
The people that are being let go are not making sense. Some are not performing well but they were performing just fine before Omnissa, so you have to question did they have the set up to perform in the first place. Some being let go are seriously good people, great with customers and colleagues. Its a sad day as clearly the XLS exercise is going to get rid of a lot of good performers also.
Big layoff happening today impacting all areas
UK & France just got hit too. All the best to all
Cuts are coming today. Entire departments may be cut with this “re-org and restructure”. It makes no sense why these cuts are impacting entire teams and must be blind moves by KKR where the elimination will be realized in a painful way later when customers are faced to source from the competition.
Under VMWare I was told 60% of every dollar made was being taken by other divisions. With Broadcom we were stuck in limbo. But once we were Omnissa we were going to be free and properly invest in product and people. That our growth was going to be excellent and must importantly that we were not going to repeat what Citrix has done.
Here we are now, with the usual bean counters that are letting the products fall behind severely, and will start the cut cut cut strategy. Basically what Citrix did.
No innovation, no investment, no raises, only cuts and milk the existing customers. Private equity 101 strategy.
Things will just get worse from this point on. This is the what poor leadership does.
EMEA has been hit today also. Lots impacted across lots of teams, doesn't seem to have much logic to any of it. More of a face fits exercise I think. If you are impacted good luck. Omnissa did have a good opportunity ahead of it, but under current VP and SVP leadership it has lost its way and capability to fight.
ahh yes layoffs in US but if you look in ozone there are new hires from India pouring in almost daily.