Hock: Run your business any way you want, just meet your numbers

That is what Hock said recently, as reported by Krish in a recent meeting.

To me, this means that the day-to-day operations of the job will not change (with the exception of Return to Office that is!) But what this really means to me is that Broadcom intends to be an absentee owner, or at least a very hands off owner.

They bought this business to ring the cash register, not run a business. Which means that aside from the broad strokes like RTO, I don't think Broadcom will say much in the day to day of any of us. We will pretty much be autonomous business units, each expected to return a certain amount of profit, but however that is accomplished they don't care.

The upper management is certainly on board. Krish in that same meeting told us that "Moving over to Broadcom is like getting a new job. You have to change because they aren't going to change for you. So you have to decide if this is for you."

That's a lot of candor from a VP, and I think he means it. I think he was bluntly honest on purpose. This is Broadcom, folks. This is how they operate, is what he was saying.

So yeah, VMware is no longer VMware. And he made a good point I think, that this is like getting a new job, and you have to adapt to the culture. The difference is, I wanted to adapt to VMware culture. I applied to VMware and was thrilled to be hired. I didn't apply to Broadcom.

Looks like I have a decision to make. We all do.

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Hrock smash!

Hack Ten is so cheap he eat rat meat for lunch...oh...yea..he will not make his numbers.

For a new Avgo GM like Krish, he is basically in CEO school now. He has a lot of
autonomy, a lot of responsibility and a very tight P&L objective. If he is successful at this
in a few years he can go be CEO of some other company (HT won’t leave til he is
carried out).

While true, KP has exhibited that he is not capable of running a business. He's had (how many?) years to right the wrongs of his two predecessors, and all he has done is... nothing.

He's one of the reasons we're in this pickle now.
He couldn't manage a bottle of dirt.

For a new Avgo GM like Krish, he is basically in CEO school now. He has a lot of autonomy, a lot of responsibility and a very tight P&L objective. If he is successful at this in a few years he can go be CEO of some other company (HT won’t leave til he is carried out).

His incentive alignment is crystal clear.

This whole playbook is totally replicable, which provides another alternative for the higher placed new AVGo execs. If they are more financially minded they can create their own buyout shop, as can anyone with access to the capital markets.

In fact the big noise made from this VMW acquisition will most likely attract more buyout competitors to be formed. The Bezos expression, “your margins are my opportunity” also applies to the margins so prominently advertised at AVGO.

So yes, expect all the management to be totally totally different than before.

What Krish said is true. It is a new job entirely. The general managers will have to meet the numbers - the method is up to them. They will have to do the layoffs. They need a strong stomach. This way, the stress isn’t on Hock Tan. He delivers the stress to the managers. He enjoys his big game.

The managers will change character completely and if not, they will be first out the door. Pretty much take it or leave it, unfortunately.

I think this acquisition will go poorly.

The only way it’s going WFH is if 60% of the staff (and especially those considered most valuable) simply walk out and don’t comply. This is unlikely.

You beileve candor from soeone who has been openly called a bald-faced liar by another manager in an open forum?

When this did happen? Detail!

Wait until all these VMware leaders start getting replaced as they have never had to meet expectations like this before and are basically going to be deers staring at headlights of oncoming cars. The rodeo of chaos has just begun.

That's a lot of candor from a VP, and I think he means it.
I think he was bluntly honest on purpose.

You beileve candor from soeone who has been openly called a bald-faced liar by another manager in an open forum?

Krish is worse than Raghu. I would not believe a word he says.

Myself, like I assume many of you, will be gone as soon as the right opportunity presents itself. BC can takes its lack of culture and 70's mentality and shove it.

Thread regarding VMware layoffs

Hock: Run your business any way you want, just meet your numbers

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