Thread regarding VMware layoffs

Beware!

I know many are smart enough and really intelligent - so please skip if you are one of those.

People who are kind of ingenuous or inexperienced, please listen --- sadly there is a bunch of opportunists who would try their best to increase their chances of getting offer by relying on people who reject. Some are spreading probably well intended incorrect information (these are the d-mbs) or by spreading ill intended false information (these are the vultures).

Broadcom (such a frugal company) doesn't pay heftily to talent for no reason. Poor performers, "entitled" lot and more-culture-less-work enthusiasts are kicked out left right and centre. Broadcom's voluntary attrition is too low, way too low (approx. a quarter of VMware). People must be liking something. You get paid heftily if you are adept at your job and are willing to work hard. If either is missing and you are too cozy in your comfort zone, you are gone. But isn't it true everywhere else (as we've seen across tech in past years). Companies which allow(ed) slacking, are getting acquired.

Finally - there are people who are suggesting that RSUs won't even vest and you'll be fired. First of all, check the vesting schedule (it is generally quarterly but do check). Even if it doesn't vest, Broadcom will pay severance at same rate as per merger agreement for the first year after close. You tenure will carry. Nothing is lost there.

Do your own calculations and make informed decisions. Don't listen to d-mbs/vultures.

D-mbs/ vultures' first comment will be oooo HR HR posted. I may be or I may not be from HR team, but I don't get any incentive here by asking people to make informed choices. My whole department is getting wiped out.

PS - The CHina CHina cheerleading team. Highly likely you don't have an offer. Go ahead and pray all you want for deal cancellation but stop preying on people who have offers.

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| 3131 views | | 21 replies (last November 7, 2023) | Reply
Post ID: @OP+1ptY6Qe6

21 replies (most recent on top)

“As someone who tracks work as a leader, and is a HEAVY contributor, it looks like Broadcom HR drunkenly threw darts at a board to pick.”

Yes while blindfolded whizzing around on a sushi conveyor…..

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Post ID: @yik+1ptY6Qe6

This has gotta be the most ridiculous nonsense I've heard posted here.

As someone who tracks work as a leader, and is a HEAVY contributor, it looks like Broadcom HR drunkenly threw darts at a board to pick.

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Post ID: @gdi+1ptY6Qe6

The RSUs for pre-sales engineer were not very good, you’ll see them leave and the account executives too. That leaves leadership left to sell. Good luck!!

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Post ID: @nvl+1ptY6Qe6

Because OP told readers that if they were smart and intelligent they could skip the post.

Read the first line they wrote. It’s amazing.

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Post ID: @dqc+1ptY6Qe6

You’re terrible person OP! How can you make assumptions those that didn’t get offer are entitled and lazy ? We all know they picked based on favourite not merit

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Post ID: @bht+1ptY6Qe6
I have no faith in this as the agreement also said our base would not be lowered, yet it was.

How can that be downvoted? It’s true. We got lower base pay violating the terms of the merger agreement.

Stockholm syndrome is indeed kicking in.

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Post ID: @lmx+1ptY6Qe6

You’re an arrogant co-k monkey. There is no guarantee AVGO will continue to appreciate, ref AWS. I could argue no one should put faith in a leader who his mismanaged so poorly this acquisition. And then there is the work culture of fear. No thanks. Fu-k off

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Post ID: @tnc+1ptY6Qe6

The pay is not even that great lol. BC brainwashed employees have convinced themselves being subjugated by Hock is worth the RSUs. Half of the folks on my team had a pay decrease! BC employees have Stockholm Syndrome I am starting to believe. P.S. I did receive an offer, so this isn't just sour grape.

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Post ID: @rwc+1ptY6Qe6

Not everyone across teams got loads of RSU. The one who don't get excited on the offer will leave. I can say sales and Presales were not happy few of sales members rejected and couple of them went head without severance because they were only 3-4 years in VMware and had offers.

On the 1 year VMware HR rule applies after aquisition. Please try getting it on a email from Broadcom or from our HR in. you will come to know the reality.

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Post ID: @fwi+1ptY6Qe6

Not everyone across teams got loads of RSU. The one who don't get excited on the offer will leave. I can say sales and Presales were not happy few of sales members rejected and couple of them went head without severance because they were only 3-4 years in VMware and had offers.

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Post ID: @dxa+1ptY6Qe6

This poster sounds more worried about themselves. Needs to work on anxiety management.

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Post ID: @zti+1ptY6Qe6

"Even if it doesn't vest, Broadcom will pay severance at same rate as per merger agreement for the first year after close. You tenure will carry. Nothing is lost there."

Looks like somebody skipped their basic math classes. If severance is based on base pay rate and base pay rate is now 20% less, the severance will be for less money.

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Post ID: @skh+1ptY6Qe6

There are comments being upvoted below where people saying they were being encouraged to reject offers. Wow is this really true?. I never thought of this angle. f**k

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Post ID: @rfw+1ptY6Qe6
Broadcom will pay severance at same rate as per merger agreement for the first year after close. You tenure will carry. Nothing is lost there.

I have no faith in this as the agreement also said our base would not be lowered, yet it was. Hock will do whatever he wants and deal with any fallout in court.

You are working for the devil - it may work out, but don’t expect anything in writing to be an accurate prediction of what awaits.

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Post ID: @wej+1ptY6Qe6

Some people, like this poster, are so afraid of leaving and finding a new job they will accept any exploitation that Hock Tan imposes on them.

Pitiful and cowardly behavior. Then attempting to rationalize that as 'the hero' for the VMW mass of ignorant employees that aren't so smart. What kind of Ego Maniac is this?

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Post ID: @svs+1ptY6Qe6

Been part of group therapy sessions hevaily discouraging to accept offers. LOL. But agree with one of the comments below - some people are actually naive so talk to trusted ones. Be careful I would say

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Post ID: @sqo+1ptY6Qe6

Never thought to think that way. Listen- I don’t think this is going through. If it does- it won’t be by the deadline and will require an extension and shares re-election for individuals. I doubt anyone makes a decision based on this forum alone. I didn’t get a letter, don’t expect one, and consider this (bitterly) and extended severence vacation.

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Post ID: @fvo+1ptY6Qe6

Yup...it's sad but I was coached by someone in my team how they hated Broadcom but are eagerly waiting for an offer, and mildy discouraging me to take offer "if" I got one. I guess desperate times

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Post ID: @ryi+1ptY6Qe6

I don't think you understand the situation. It's not about who got the offer vs who didn't. Yes initially people were desperate for offers due to the "year of efficiency" and the bad tech job market which was a perfect storm with a lot of bad external factors.

The reality though is that there are a lot of folks with offers who are choosing to decline for severance or are planning to leave in a few months when the job market is fresh for the new Year. Why? Let me ask you this. Let's forget about the acquisition and pretend this was an offer you got from the job search. Would you be settling for something much more toxic and inferior if the times were good? I hope not. Also if times were bad and you indeed did settle, would you be making long-term plans at that job or would you always be checking outside for an opportunity to escape?

So that is what's happening. I understand some lower-level engineers got a pay raise and are happy with it. However, it seems most senior folks were stuck between a rock and a hard place (layoff vs lower base pay and toxic work culture).

In a way being laid off, voluntary or not, is a blessing in disguise. Regardless of the outcome of the acquisition closing or not, at least you don't ever have to worry about dealing with Broadcom or Hock Tan

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Post ID: @gjl+1ptY6Qe6

ya freshers or 1st timers seeing layoffs should talk to seniors who they trust...even in calculations people acn be making mistakes knowingly or unknowingly. I did talk to someone from broadcom over linkedin and had few things clarified

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Post ID: @ltn+1ptY6Qe6

"Do your own calculations and make informed decisions. "

That's exactly what most VMW employees are already doing. So, why are you afraid?

What's your hidden agenda for this post? Don't want to disclose that, do you?

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Post ID: @cgl+1ptY6Qe6

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