Thread regarding VMware layoffs

In the US declining the offer is the same as quitting. Quitters do NOT get severance.

I don't know how it works for the rest of the countries in Europe, but in my country, in Spain, buying company can't give you worse conditions than previous contract. If the conditions change, you have to sign a new contract and you can refuse to do that.

Then the new company will have to either accept you with previous contract conditions or fire you with corresponding severance.

In M&A when thousands of employees are retained by acquiring company, acquiring company does not need to give offers to each and every employee who is moved to BC. ( Search for a Deloitte paper about offer letters in M&A on Google). Offers are usually given if your role, title, salary changes in new company. So in majority of cases where BC is not changing roes/titles, you can just expect a welcome email etc and other change info. They might not send tens of thousands of offer letters.

Since you might not get an offer letter, no one will be asking you if you want to stay. If you are not laid off or on contract then you automatically become BC employee. So if you don’t want to stay, you will have to resign. And that means no severance package. Simple.

Why would you think that declining an offer would still get you paid? Kinda foolish thinking. You either agree to work for Broadcom or you quit. You don't get severance for quitting

If you want to leave, you should talk to your manager or director. I've heard that many senior directors in my BU were trying to find volunteers for leaving.

You can decline. But won't get severance package.

So this question's probable answer is you walk away with nothing at least in the US. Per the 'VMWARE, INC. INVOLUNTARY SEPARATION PLAN' (just past that title into search on Source and you will find the PDF) under the heading 'CONDITIONS OF INELIGIBILITY' paragraph (d) on page 2, it states you are ineligible if:

"The employee is identified as part of a business unit, group, or division, or works on a
product or set of products, that the Company sells or transfers (in whole or in part and
regardless of (the)type of transaction) to a third party or to an Affiliated Entity, and the
employee declines an offer of employment from the buyer of such business unit, group, division, or product(s) (or part thereof)."

I know someone who put in an HR ticket on this question because the above is talking about products or business units, not the whole company, and the answer was,

"Unfortunately, we don't have information on what the offers or options for those offers will look like when the Broadcom deal closes."

This was also asked in the manager call with Raghu and Betsy last Thursday morning US hours and Besty also said she didn't know.

The reason I say you probably walk with nothing is that I can't see Broadcom rewarding folks they want for quitting, but I guess we will find out when the letters start coming in mid-October

Take it or leave it? Interesting.

So how many people are going to watch their co-workers walk away with either full severance on day 1 or transition bonus + full severance after 6-9-12 months?

You people who are thinking about walking away from a stay offer due to return to office are better off staying not attending the office and then either getting terminated for insubordination (same as walking away but at least you’ll still be getting paychecks and benefits until that happens) or have a better chance at actually getting laid off with severance at some point down the line.

The other alternative is to try to get on the layoff list to ensure your severance.

Broadcom has their strategy.

You should have one too.

No you can’t, that was already clarified on the management meeting. It’s take it or leave it (with nothing at all).

This will be covered in Wednesday's meeting.

Under TUPE (UK). No you cannot. That is the same as saying you are quitting. No redundancy payment.