Thread regarding VMware layoffs

Is that you, Hock?

I still cannot believe people are using revenue-per-employee as any type of metric. The FACT is BC, like every high tech company, outsources A LOT, which means that figure is not what it actually costs to make the revenue. I'm not saying VMware wasn't bloated, but citing such comparison statistics are meaningless.

I've got another job that at a company that treats its employees well

Until it doesn’t, like all companies.

The brilliant all powerful Broadcom company has included the genius provision of "no virualization software" in their acceptable use policy for... get this... employees of a company founded on virtualization software. No need to argue further in the comments. That says it all.

"Not when you are being monitored more than a UPS delivery person."

Best of luck with that.

The AVGO business model is shortsighted. There is no Broadcom Software vision.

Their private equity business model is good for a couple of years and then they have to buy another obsolete enterprise software vendor to 'optimize' into profitability. What kind of person wants to work in that environment? The same person who keeps repeating the revenue per employee metric -- like this is the AVGO secret recipe for success. Boring...

If they were so smart then explain why they acquired a legacy software vendor that is in decline.

To make $ you idïot

How is that Sun Microsystems brand name keeping up? How about SGI?

The time has come for VMware to move into the dustbin of Silicon Valley history.

Maybe start with the last stage of grief and get it over with.

"It’s funny, some BC people on here going on like they are the money makers."

Agreed, they're a bunch of sheep repeating the AVGO propaganda. If they were so smart then explain why they acquired a legacy software vendor that is in decline. Smart money would invest in a B2B SaaS pioneer that has a significant upside growth potential.

Just ignore their 'spreadsheet mindset' that places value only on cost-cutting older software apps and raising customer prices in the process. That's not clever at all.

I'll just quiet quit and su-k off your te-t for a while, thanks!

it's called VMware Software Group, it's all about the brand

Do you really believe that? Amazing. What are you Trump inflating your assets because he slapped a gold plated logo with his name on the side of the building?

Enjoy the commute, drinking sh-t coffee, pretending as if you’re making a difference.

There are some problems money can solve.

I make enough to live near the office.

I can buy my own coffee and also have it delivered right to my desk.

I don’t need to “make a difference at my job” - this isn’t the peace corps. I need to provide for my family and make a difference for them.

lots to say here. To summarise, it's horses for courses - they're different. For those that are welcomed into Broadcom my advice from coming across in a previous acquisition is...best way to adapt is to pivot to the Broadcom culture/approach as quick as you can. If you can't do this or won't it'll break you down.

It’s funny, some BC people on here going on like they are the money makers. Man stfu, all this hubris because BC make the money, the model is simple, cut until ghosts do the work. Your a-s is dispensable so don’t get to comfortable. Su-k a lemon or whatever else you pa----s do at BC. Shine your shoes and put on your ankle swingers and head to the office, like the mugs you are. Enjoy the commute, drinking sh-t coffee, pretending as if you’re making a difference.

Based on the operating income and margin targets I see +60-80% layoffs, to get to the company baseline. Funny thing is, it's not gonna be Hock who lays anybody off. It's the VMW GMs, which are VMW OGs. They're gonna do it to save their own butts.

Ironically all the software BC fan boys are going to work for VMWare now. Broadcom is changing its entire software division name to VMWare.

Winner for the most naive employee ever!

Hold on to that fantasy of dominance if it helps you get through the night.

what is the software division going to be called? Asking for a friend.

We are all leaving - taking our customers with us. Good luck!

Not worried, I am great at slacking while looking busy. Will milk the cow for a few more years.

Hock Tan has successfully deleveraged post acquisition 5 times now. LSI, Broadcom, Brocade, CA, and Symantec. Talent is the last thing Broadcom is worried about.

It's a good playbook for sure. Tried and true private equity model combined with legacy but sticky products. Milk the he-l out of renewal contracts and reduce cost (aka layoffs) until there is no more to squeeze.

What I don't understand is why anyone working as a foot soldier at Broadcom would actually advocate this sort of business model. Sure, it makes money. But is that the only thing that matters to you? I can't speak for others but I certainly won't be happy long term at Broadcom.

As you point out, it's put up or shut up time. My offer including existing VMW equity is worth about $5 million. I am actively interviewing now and so are many of my colleagues in engineering where all that milk is coming from.

Money isn't the only thing we care about. It's one of the luxuries we have as senior engineering leads since we have big enough a network to move despite the current job market.

Having said that, I am sure there are enough decent engineers who will settle for maintenance focused work for money. But I wouldn't call those 'talent' by any means.

Let's be honest and call it what it is; if you can't land at another company with more interesting/more balanced culture with interesting problems to solve, it seems unlikely that s/he would be considered 'talent' by any significant tech company.

Perhaps Broadcom would consider ppl like you a talent since it won't really take much to keep the ship afloat to milk the cow we invented.

OP, don’t worry. Hock will find 12-14k of them who put on their big boy pants, come to work, and generate revenue. Their compensation will at least double. The rest can pretend to work from home for some other company. Have faith!

"The past few weeks just highlighted a series of substandard practices from a company overly focused on cost-cutting and revenue squeezing! But quality is just down the drain."

THIS!!!! Just from looking at the portal today - first it showed i was a customer. had to open a ticket to have the appropriate access....then when I did it looks like an intranet from 1995 LOL. same with the ticketing system interface. Feels like im back in highschool on my first PC

as someone else properly stated: Broadcom: the dollar tree of legacy software. MMMMM no thanks

I don’t have to come back and check in a month. I can check history and it shows Broadcom has done multiple acquisitions cutting the talent and haven’t had any issues for multiple years now you clown. He is able to grow the dividend while paying off debt. His financial numbers speak for themself! Hock Tan has successfully deleveraged post acquisition 5 times now. LSI, Broadcom, Brocade, CA, and Symantec. Talent is the last thing Broadcom is worried about. You think they would be able to survive this long if they didn’t have any talent? 🤣 you sitting behind the keyboard talking sh-t won’t change the outcome of the situation. Stay or leave nobody cares b-m. Broadcom will be just fine

You're kidding me, right? We're talking about a company that fumbled in basic admin tasks like sending offers post-acquisition (prematurely). After the erroneous email, can't even apologize for the mistake, just stays silent and acted as if nothing happened for a long period of time.

Upon closure, floods in with scheduled spam mail, forgetting to update crucial details like the effective date. The web design team struggles with logo size and website layout, using a low-resolution logo that appears blurred and unprofessional.

Day 1 trainer in the video can't even speak smoothly, stuttering every few sentences. Crams on hour length video in one single clip without any breaks. Struggles to use technology effectively and have to resort to taking a video within a video.

The past few weeks just highlighted a series of substandard practices from a company overly focused on cost-cutting and revenue squeezing! But quality is just down the drain.

Ironically all the software BC fan boys are going to work for VMWare now. Broadcom is changing its entire software division name to VMWare. So when you shot talk to to all VMW folks coming over, you will be sh-t taking about your own company.

I’ll stop talking sh-t and whining when I find one person at Broadcom that impresses me with their technical skills. You all don’t know what you have bitten off and the hardcore sh-t that is about to come your way. Come check back in a month when you all have to beg the VMware talent to come back because you are inept.”

I don’t have to come back and check in a month. I can check history and it shows Broadcom has done multiple acquisitions cutting the talent and haven’t had any issues for multiple years now you clown. He is able to grow the dividend while paying off debt. His financial numbers speak for themself! Hock Tan has successfully deleveraged post acquisition 5 times now. LSI, Broadcom, Brocade, CA, and Symantec. Talent is the last thing Broadcom is worried about. You think they would be able to survive this long if they didn’t have any talent? 🤣 you sitting behind the keyboard talking sh-t won’t change the outcome of the situation. Stay or leave nobody cares b-m. Broadcom will be just fine

I’ll stop talking sh-t and whining when I find one person at Broadcom that impresses me with their technical skills. You all don’t know what you have bitten off and the hardcore sh-t that is about to come your way. Come check back in a month when you all have to beg the VMware talent to come back because you are inept.

How to announce to the world I have a small pole or a big hole. Or both.

“
I got laid off but I feel sorry for the VMW folks who are joining BC that they will be welcomed by Jack as--s like these.

“

This. Sad.

I got laid off but I feel sorry for the VMW folks who are joining BC that they will be welcomed by Jack as--s like these.

Andrew Tate? Is that you?

Preach.

OP is correct.