Thread regarding VMware layoffs

Severance in EU countries

For what I've understood just the US severance package is well documented.

Would it be the same for EU too?

As far as I know in most countries in EU there is a formal process to go trough for massive layoff which usually include consultation with unions and that can take also 2/3 months or even more.

Do you think can we expect a more generous layoff for voluntary quit in order for the company to save time and effort with the unions or you exclude this can happen?

Any experience from Broadcom previous acquisition?

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| 3611 views | | 15 replies (last August 25, 2023) | Reply
Post ID: @OP+1ofywD7d

15 replies (most recent on top)

There are different laws in each country which they have to abide by.

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Post ID: @2euq+1ofywD7d

Post from TheLayoff.com

you would be for suprise here

EU sales is paid same or better $$$ than NA as average ( sales , support etc)

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Post ID: @1zpr+1ofywD7d

"For UK it will be more straight forward than countries like Germany, France, Italy and Spain were their employment laws, unions/councils string things out for months, very woke indeed."

So woke = employees with rights and protections. I love woke.

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Post ID: @hga+1ofywD7d
All those that stay who believe that things will remain the same are delusional. It will be VERY VERY different.

No one is questioning that things will change. What's being challenged is the idea that most of the company will be sacked. That's a whole different story.

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Post ID: @lwp+1ofywD7d

Probably true ‘On the other hand, that's 20,000+ who are not laid off.’

However it will NOT be VMware anymore it will be BC. A completely different company, with different lords and masters. All those that stay who believe that things will remain the same are delusional. It will be VERY VERY different.

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Post ID: @tpn+1ofywD7d
VMware currently has 37,600 +/- FTEs

If the substantial rumors hold true that at least EUC and Carbon Black will be spun off, that'll greatly lower that.

There is a chance for 10,000 layoffs. A high number, considering all the product lines being supported, but a chance. On the other hand, that's 20,000+ who are not laid off.

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Post ID: @ngy+1ofywD7d

"VMware layoffs will be nowhere near these numbers. A whole different league. "

I wonder why you would think VMware layoffs won't reach five digits? VMware currently has 37,600 +/- FTEs and Broadcom has 20k. Even if VMware only loses 1/3 of staff the numbers will still be in the 12,500 range and I wouldn't be shocked that 6 months in if it isn't even higher. Does it make sense for the Broadcom employee base to be predominantly ex-VMware employees if they are going to hit their targets?

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Post ID: @ifg+1ofywD7d

Any idea regarding the severance package in ireland in Particular?

I know of people who made redundant in the last and received 4 weeks pay for each year of service but then saw on one of the posts that order mgmt received 6 weeks per year.

Anyone has clear view?

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Post ID: @hve+1ofywD7d
I'm concerned about the volume of our headcount cuts. Each market may become saturated by VMW employees looking for jobs - all at the same time.

Maybe. But VMware is not special. Google laid off 12.000, and Microsoft 10.000, in January. Facebook laid off over 16.000 since the beginning of the new year.

VMware layoffs will be nowhere near these numbers. A whole different league.

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Post ID: @xwm+1ofywD7d

I'm concerned about the volume of our headcount cuts. Each market may become saturated by VMW employees looking for jobs - all at the same time.

From an employer's perspective, they'll be overwhelmed with VMW applicants.

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Post ID: @kuw+1ofywD7d

For UK it will be more straight forward than countries like Germany, France, Italy and Spain were their employment laws, unions/councils string things out for months, very woke indeed. The outcome will be more or less same just takes longer.

No such thing in UK it will be redundancy payment with letter or thank you and good bye.

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Post ID: @pqa+1ofywD7d

In the EU, it’s different from country to country. Some countries have strong works councils and very protective labour laws, e.g. Germany or France. A common theme is that employers must at first offer an alternative role (if one exists) before laying anyone off.

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Post ID: @zvf+1ofywD7d

[OP here] no million dollars but a few months more. Considering a salary in EU is a half or even less than a salary in the US for almost every level (excluding probably very high levels like VP or above) I don't even think this is morally unfair if this what you were referring to! :)

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Post ID: @qeg+1ofywD7d

Generous, like Million dollars maybe yeah?

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Post ID: @tvc+1ofywD7d

Would be great to have shared experiences from each country. Any one from Symantec Spain that could share how it was for them ?

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Post ID: @svs+1ofywD7d

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