I from the NSBU team haven't received any offers at all. Suppose some ppl have under my team but hard to know if that is true or not only can speak about myself. Should I consider looking for another job? I'm not even sure Broadcom plans to keep NSX products at all.
19 replies (most recent on top)
"Are you from engineering? I heard all engineering got offers in NSBU."
I'm part of the NSBU but I'm not a developer.
Are you from engineering. I heard all engineering got offers in NSBU.
At this point, do you want to stay?
Since the announcement, I’ve been looking but not very hard. Holding out for something significantly better. But the better bar is pretty low now.
Think about your situation. You’re either going to end up working for BC, which literally hates its own employees, or for VMW, which might not actively hate you but has stopped pretending to care at all. If you have money saved up and marketable skills, you could wait for your severance and jump ship then. If you’re worried about finding something, you need to start looking now.
Of course, this is just my opinion—worth exactly as much as you paid for it
Okay, let me be blunt. You all need to start looking out for your own self-interest, in the same way that the VMW leadership team has done thus far. Especially the RSUs.
While execs were sharing positive comments about the deal outcome, many (if not most) were unloading their RSUs over the course of several weeks. The SEC insider trading rules are rarely enforced. So, be prepared for the upcoming layoff. There are no guarantees that you will not be included. Learn from the VMW C-suite and protect your interests now!
"Not HR btw! " Exactly what HR would say!
“Yeah OK HR. If you had done a better job at communicating internally none of us would have been here”
Not HR btw!
What more do you actually expect them to share? Anything they can share has to be available to all shareholders as the owners of the company. You are currently employed by them to do a job. They owe you a pay check for services provided, which they are providing. At the point they decide they no longer require your services, they will tell you, and provide a severance. The only difference to working every day in an IT software vendor, where this is always a risk or layoff, is that there is more potential warning and it may be a different company than hired you saying that they do or don’t want you any more.
It really is that simple. So either do the job you’re being paid for and wait to see if they don’t require those services anymore, or find another job. Standard playbook really
ALL of you should have gotten the message as soon as the acquisition was announced. All it takes is 2 minutes of Googling to see exactly what BC does to the companies it acquires. And what do you know- what is happening to VMW is no different. In that time the job market has tanked and you will be competing with each other. Sorry but you had a year and a half to get yourselves out of this situation.
Op, job market is already flooded. Can you please not add to it until you are laidoff?
“ In light of the pending Broadcom acquisition, all Stock Administration functions have been paused at this time. This includes the release of RSUs scheduled to vest on November 1, 2023."
I was due 3 stock vesting releases today from three different grants, but only one came through. No news on the other 2. Thanks a lot holyos.
Not sure how many times this needs to be repeated, but managers had ZERO input into the Broadcom decisions. None. Zilch. I am a manager.
95% of which has been completely inaccurate over the last 4 months
Yeah OK HR. If you had done a better job at communicating internally none of us would have been here.
Honestly, we all probably should be looking.
I really do not want to, I really like(d) this job.
Nobody seems to want to tell you the truth. Yes, it means you should definitely be looking. Palo and Cisco are both hiring, so consider them.
"This is a site of rumour and speculation - 95% of which has been completely inaccurate over the last 4 months."
This is a site of insiders providing information - 95% of which has been more accurate than what management provides.
They have paused all letters until after the closure. No letter does not mean you won’t get a letter, and nobody on here can factually tell you otherwise. This is a site of rumour and speculation - 95% of which has been completely inaccurate over the last 4 months. Even your manager won’t know one way or the other.
Whether you should look for another role, it’s always good to be on the lookout for another role in any acquisition, as it provides you with options, and then when the letters do get released, you have more options no matter which way it falls.
Nope, deal is dead. The vile upper class are just keeping people in the dark as per usual like they have through the whole process.
"No offer yet doesn't mean you have been laid off."
Not yet. After the close they will be laid off. They are on the layoff list.
You could have looked for one any time in the last 18 months. No offer yet doesn't mean you have been laid off.
No offer means that your boss didn't try to keep you. If the deal goes through you are laid off. If the deal does not go through you are working for a boss that didn't try to keep you.