Thread regarding VMware layoffs

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"I've heard that some product groups have been taking direction from Hock and changing strategy and staffing to focus on what Hock thinks will be money making plays."

I read this from a previous thread. Avago is not allowed to do this before merger officially closes. This is one of many potential violation that Avago has committed along with others.

Anyone who has any info on this should report to FTC and SEC. This is in clear violation of the US antitrust laws

antitrust@ftc.gov
https://www.sec.gov/complaint/select

Also if anyone knows of any other violations let them know

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| 2801 views | | 19 replies (last November 12, 2023) | Reply
Post ID: @OP+1pwJIK3e

19 replies (most recent on top)

“You can call Hock many things but stupid!”

What kind of polish do you use on Hock’s boots?

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Post ID: @2csx+1pwJIK3e

Not sure why some employees brag about getting offers, 20% less on salary with a RSU promise that may not happen and then you get laid off just before any RSU’s pay out at less salary and they give you the state required payout and you got squat. Su-kers haha

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Post ID: @2exz+1pwJIK3e

...and yes, sHOCK collar was reviewing all deals above $10M+. Many folks both internally and externally (when the street got wind of this), questioned how and why he was involved in reviewing deals (discounting, proposal, sales cycle, etc.) when they didn't own us (and still don't). And then all of a sudden, BAM, there was a 'cease and decist' on sHOCKing reviews of all deals $10M+.

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Post ID: @1igv+1pwJIK3e

You can call Hock many things but stupid! He knows what he is doing. You can be sure whatever you have on him is covered by the merger agreement and due diligence contracts. That alone gives him some form of rights here. Realistically it’s gonna be almost impossible to prove anything illegal against him in court. I‘m not putting my VMW life on the line here! Are you? If you fail you’re getting promoted to work elsewhere ;)

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Post ID: @1hln+1pwJIK3e
ill put in a helpnow ticket which department?

It's so amazing that every iteration of a helpdesk system has been worse than the previous version.

How is it possible that management which keeps making every aspect of the business worse on a year-over-year basis remains employed.

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Post ID: @1jar+1pwJIK3e

ill put in a helpnow ticket which department?

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Post ID: @1tuz+1pwJIK3e

"There's strong potential to create brand new market segments for products and solutions never explored before. This is the catalyst for change that we haven't seen in over a decade or more, and it's incredibly exciting."

And then you woke up from your dream and found that you were doing nothing but maintance updates on obsolent software so that HK could milk the recurring revenue.

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Post ID: @1fhq+1pwJIK3e

From the outset, this company has engaged in deceptive practices and shows no intention of adhering to the complete terms of the merger agreement. They've violated the Employee Matters section, blatantly misleading employees, and falsely reassured shareholders that everything was proceeding as planned by the October 30th deadline. By withholding information, they failed to acknowledge the significant delays in China, utilized clever language to give a misleading impression of stability during investor conferences, and flagrantly violated g-n-jumping rules while exerting control over VMware for an extended period.

Given this track record, it's challenging to place trust in anything they communicate. The company appears to have a disregard for legal and regulatory compliance, with little concern for the well-being of employees. Their only recourse seems to be the gold handcuffs of stock, offering little else in terms of credibility.

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Post ID: @dfu+1pwJIK3e

HT took advantage of every opportunity to gain insights into VMW business. We provided the BC acquisition team with everything they requested. They got from the ingredients list, the workflows, the list of key people, how and who we market to, financials data, IP, etc. If this deal doesn't go through, VMW is screwed. HT is determined to win one way or the other and he will one way or the other.

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Post ID: @lun+1pwJIK3e

Of course he is…he held a qbr with management of both companies 3 weeks ago.

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Post ID: @bbh+1pwJIK3e

Of course Hock is giving orders. Mother fu---d basically running Vmware since July when everyone was sure deal would close.

If people knew what they know now they would not have implemented many things. Hock is still giving orders now. Piece of sh-t.

Report that fu---r.

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Post ID: @fbg+1pwJIK3e

"Do you really think Hock is calling managers and telling them what to change and who to fire? Do you really think this guy has nothing else and nothing more important to do?"

He's looking to spend ~$60B+ on this acquisition, so that fact alone would logically demand that it be his highest priority since the deal was struck some 18 months ago. He may not oversee each and every individual that is to be fired, layoff or transition out, but in terms of change at VMware, I have no doubts. This is also made all the more clear by the fact that he and his BC leadership team attended the latest leadership QBRs where he reviewed and actively chiming in on nearly all the largest strategic accounts with he VMware team over the course of a 12hr day very recently and over the past 18 months has been "reviewing" all deals of a much lesser size than the $60M quoted elsewhere in this thread (think much lower single digit million dollar deals) slowing down and sometimes pushing a deal out to another quarter because of the substantial delay due to the level of scrutiny and BC's "opinion sharing" that that was introducing to some deals. This was bad enough that that some account teams dreaded and so avoided that deal size threshold (possibly encouraging splitting between different quarters) if at all possible in the past many quarters knowing that it would add the risk of it not closing within the time a that a renewal was coming due, a quote was to expire and/or a client's budget would be pulled. The only exception to this was the last quarter where people pulled in a ton of deals forward into the latest quarter because of numerous special incentives to do so and because of many clients' fears about the uncertainty coming surrounding a great many things that might impact them in the near future, namely pricing and availability of some products after the deal closes, not mention some VMware staff not knowing if they would be sticking around after the deal close, whether it was their decision or BC's.

So yeah, he's shown himself to be a pretty hands-on guy during this acquisition, personally overseeing many aspects of the day to day business, all the while calling it "advice" and "recommendations" to steer as clear a possible from any possible future litigation, but people aren't stupid and know who'll be boss soon, so those are not so subtle "directives" and "marching orders" to them. Some of the changes in pricing, product bundling, internal structure and channel strategies over the past year - albeit some of them much needed - have his and BC's finger prints all over them, but like has been said elsewhere in this forum, good luck to anyone trying to nail him or BC on that in a court of law even if it has raised many an eyebrows internally as to whether this is proper, legal or not.

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Post ID: @xwf+1pwJIK3e

Understand why the market is investing $69B in VMware. The $400B market is very similar to the market VMW dominated just a few years ago before this march towards technical irrelevancy. This is the opportunity for a very quick turn of the ship to restore customer loyalty and satisfaction. The faster, the better.

There may be a few layoffs in the near term, but if this deal is executed according to what public info is available, we're all in for a treat. There's strong potential to create brand new market segments for products and solutions never explored before. This is the catalyst for change that we haven't seen in over a decade or more, and it's incredibly exciting.

PMs should not be ignoring that opportunity if they want to remain relevant. There's no inside information required to call a full stop to bad ideas and adjust.

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Post ID: @dzn+1pwJIK3e

No mention of the mo--nic statement that VMW has a 'unique' Multicloud solution.

At least this would be progress. Up until recently, VMW had no cloud point of view.

That 'late to the party' statement was in hindsight unique. Just not the way they meant it.

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Post ID: @jum+1pwJIK3e

"Do you really think Hock is calling managers and telling them what to change and who to fire? Do you really think this guy has nothing else and nothing more important to do?"

Hock has a team of consultants who review the products with him and he tells them what he wants and they get with the product teams. Yes I think that a $60 Billion deal is getting attention from Hock. He is buying VMware to make money and to do that he will implement his product stratgy.

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Post ID: @ufr+1pwJIK3e

Might be a good thing if some product groups (especially Tanzu lol) took direction from someone, anyone :)

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Post ID: @ngt+1pwJIK3e

@op what evidence you have to present to SEC & FTC? I have heard from reliable source, trust me brah won't cut it for FTC.

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Post ID: @vsn+1pwJIK3e

You all who didn't get offers yet are the biggest bunch of whiners. Yes it su-ks, but move on with life and find another job. You are pathetic.

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Post ID: @ath+1pwJIK3e

Do you really think Hock is calling managers and telling them what to change and who to fire? Do you really think this guy has nothing else and nothing more important to do?

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Post ID: @fve+1pwJIK3e

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