This is a generic discussion thread to capture comments about potential VMware layoffs? Any chatter, news or rumors?
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Ironically VMWARE used to give managers a budget this time of year to cut dead wood. It was never forced and barely made 1% of workforce - certainly wasn't a cull.
Or did people forget that VMware also did large layoffs every year?
VMware only gave hugs this time of year as I recall.
This is the time of year when VMware did its large layoffs. Only fitting to do them under Broadcom.
Or did people forget that VMware also did large layoffs every year?
So in a forum dedicated to “capture comments about potential VMware layoffs” you open a thread to “capture comments about potential VMware layoffs”
The A engineers leaving as fast as they can.
Sounds like a plan for success!
Well, at least milking a dead cow success.
Moo!
HT will start laying people off that are not returning to the office to save on severance, apparently its a trend, AWS is doing it. The A engineers leaving as fast as they can.
Anything that is not catering to the top 20% of customers who are stuck using vmware due to lenormousuly large deployments is at risk.
We use load balance to VMs running on EXSI nodes when we could as well use containers instead. The licensing change may expedite us to change.
First potential layoff list of 2024 is already displayed near Palo Alto cafeteria.
There is a strong warning for people not returning to office.
Check your names. Full timers and transitioners not coming to office will be laid off without severance.
“The layoffs will continue until morale improves.”
— Stephen Hocktan
You will discover approaching 2025, if target earnings are not achieved...
One does not triple epitda in three years without layoffs.
Much like the weather report of “brightness throughout the day followed by darkness throughout the night”, layoffs will be a going on throughout 2024. First for regions that did get their first wave of layoffs and then mixing in other layoffs as the PE machine starts to dial in how to achieve employee/profit ratios. Going from ~40k employees to ~10K employees doesn’t happen all at once.
You can bet your lunch money that layoffs are planned. They are planned based on past revenue, past costs, projected future revenue and the amount of costs that need to be cut to reach performance goals.
Anything that is not catering to the top 20% of customers who are stuck using vmware due to lenormousuly large deployments is at risk.
And things catering to the top 20% are also at risk, becuase there is more cash to squeeze from those businesses, too.