Can employees expect further US tariff driven layoffs due to Brcm continuing to lose significant chunk of market valuation ?
25 replies (most recent on top)
The over-poster here thinks he's Q-Anon of thelayoff.com... what new false conspiracy theory do you got for us this time? Let me guess - vmware and brcm and whole economy and whole world about to blow up and zombies will eat yr brains - get in yer bunkers, it's coming! (More like some people get laid off and some work for their money, the end.)
There are senate judiciary committee hearings going on right now on how Zuckerburg built the disinformation and censorship regime for the Chinese Communist Party. Of course it was modeled on and vastly benefited from the regime here in America.
Chinese suppliers can deliver Hermes birkin bag for $100 directly to your doorstep....I'm loving new economy......corporates ripped off people for so long in usa.....now people will take over economy.....occupy thug king HT's office today......save American jobs......form unions.......let us start revolution......
Not sure what is the free float of the stock anymore. People keep buying in 401k and the esop. Then the company keeps buying. The float is being crushed to a very minimum. That is why you see these wild swings. This madness has gone on for too long. The Donald just blew hard at the jenga tower. Why would the Donald just dismantle the entire tariff regime even before it starts? They broke the markets. It is over. The end.
China has chosen the neukleaaar option. They are not backing down. Broadcom with 50% revenues in China and 50 in US is going into the worst of all worlds.
China is selling their 1 trillion of US treasuries and buying gold. Gold is going hokey stick. Up 300 in past 3 days.
The interest rates are going hokey stick up in the US. Junk credit is going hokey stick up. Broadcoms junk credit is going to cost a lot more. Of course the Donald doesn't want to take any blame for lighting the fuse. He will go silent. They will resume the controlled demolition in a few weeks.
I looked at a one year chart of AVGO. It looks like the chart of bitcoin.
Apr 18 2024 - 120
Jun 19 2024 - 184
Sep 5 2024 - 137
Dec 15 2024 -250
Apr 3 2025 - 146
These are closing. Intraday swings were wild. This is just electioneering. Now elections are over. The market has to find its direction. Which is down. Big.
FFS. I'm glad I don't work with such financially illiterate people like the OP. Look. At. A. One. Year. Chart. For. AVGO. Now tell me how much market valuation has been lost since one year ago today.
Yeah. More layoffs. The inverted pyramid needs more cutting at the bottom. The bottom is not pointed enough. Need to tip over.
I cannot believe the same management that bloated this company has been retained. HT will pay the price for this madness. Didn't these guys keep bloating the company and keep hiring people without any purpose? Now these same management will cut? They really don't know what is going on. It is all going to collapse soooooon.
Buy cars from Japan and sell them Broadcom stock at 70 PE. This circus is ending.
not next week
Get ready for next huge round of layoffs next week.....good luck....vmware headcount will be reduced to 5k by end of this year. H1B folks....tata bye bye....
Books will be written about how Wall Street organized crime convinced everyone that the stock market is a retirement vehicle. The stock market is not a retirement vehicle. It is for allocation of capital and speculating on companies. The boomers are fat millions in retirement. Time to butchaaar the pigs.
Someone blew up in Japan on Tuesday night US time. Japanese buy a lot of the semi index in the US. The Japanese government gave tax incentives to public to buy the semi index in the US. Probably a huge sell order came in. They put the sell order on hold because there is very little liquidity yesterday and people were exhausted. So, they pumped the market and pulled in some su-kers to provide the liquidity. Now the huge sell order is being executed today.
All this will be written in books in a couple of years.
Trump sold everyone an igloo. Now summer is coming. Soooooon.
"The market is not the economy, it is mere speculation."
True that the stock market isn't the economy. But the bond market absolutely is, or is at least the fuel for the economy. There was an unexpected spike in the 10-year Treasury yield Sunday into Monday, which exposed large net selling of US Treasuries globally. This is ultimately what spooked Trump. Once the international community refuses to hold so many Treasures, the whole house of cards of our national debt crumbles.
It's also important to keep in mind China already owns 9% of the entire national debt of the US. China can decimate our economy if they simply started selling off what they own. It would hurt China to do this, but it would crater the debt markets and utterly destroy the US economy.
Anyone who thinks Trump can win this trade war against China, doesn't understand China basically has our nuts in their hands, and can squeeze any time they want. After Trump's about-face yesterday, China now knows EXACTLY where Trump's weak point is.
Scary times, people.
They are just whip sawing the stock market and the bond market. Someone big will be blown up soon before the fed has to step in. 104% tariff on everything. I mean, really? Are you serious? They are probably going to crash everything. That is the plan.
The semiconductor index has breached the critical level. All supports are broken. We are in completely uncharted territory. Look out below. The volatility shot up today. The snake Bill Ackman cannot play anymore games. That is spent fuel at this point.
Fugazy economy. Take debt. Hire more government employees. Give money to USAID and NGOs. Increase GDP and MAG7 earnings. Declare bankruptcy. The end.
Fugazy company. Buy company with money that is put as debt on the same company. Strip mine by firing 60% employees. Strip mine the customers. Declare bankruptcy. The end.
HT is making an offer to all the debtors that they can't refuse. No interest for 100 years. Or default.
10 Billion stock buyback announced. Are you taking advantage? Or only execs are taking advantage? 1 billion per year is HT. The others are all peanuts. Without corporate buybacks S&P will be at 500, not 5000. Anyway looks like Broadcom will stop interest payments on its debt and use the money for buybacks. The stock price is also important.
The market is not the economy, it is mere speculation. The EU is already tapping out. Never speculate on a market that is being propped up by fraud waste and abuse.
Customers are moving to Nutanix....thug sales will continue to harass customers with nonsense reasons.....customers are very smart....customers don't buy this sham company anymore......long live Nutanix....
Most likely the opposite of _more_ layoffs... at BRCM your pay is mostly stocks - in AVGO. Base sal is only like 20-25% of total comp, the rest bonus and equity. More folks will quit now that what they're getting this year in value of stock is being cut in half etc. The more quit for free, the less they gotta pay to layoff.
Nevermind such logical thoughts though, this board is mainly for some ranting weirdos to exclaim all is lost, can't wait for all bubbles to burst and all stocks to fall, and how there is 'a special place in HLL for HT" while unemployed in his parent's basement w no money.
The tariffs on semiconductors are still zero. They are yet to be announced. And the AI bubble is still intact. We have not seen any capex spending downward revisions by the hyperscalers. This selling has a long way to go.
Time to sell before they take away the sell button. They have taken away the sell button in stocks like GME so there is a precedent for such behavior by Wall Street.
It could go the other way, with reduced stock price leading to reduced layoff pressure, as employees will be vesting lower dollar amounts.