How well will offers be received by teams in EMEA to continue with Broadcom? Some of you must have made up your mind at this stage.
Thinking if I accept the offer and if made redundant in a few months time will they pull a sneaky stunt and let people go without redundancy. Honestly I don't trust them at all.
My mind is made up on it anyway. Broadcom's values do not align with mine.
Get your money and run.
Good luck !
Thinking if I accept the offer and if made redundant in a few months time will they pull a sneaky stunt and let people go without redundancy. Honestly I don't trust them at all.
💯. You will always be looking over back also. RSUs only to be left go within the year, tiny fraction vested and statutory redundancy.
Not worth it!!!!! Im cashing out
EMEA, 6.8 years tenure. Not continuing with this lot.
EMEA, 10+ years tenure, I'll take the package. If I do get an offer I don't think my role or team will be kept medium to long term. That mixed with the package on offer is only being guaranteed for this initial round, future packages might not be as good. It's a gamble either way but based on info available right now. Time to go and get that sweet sweet payoff. I'm excited about the future.
I'm in EMEA and in R&D and have been here for 18 years, definitely considering taking the severance. Have some other opportunities lined up already, and it may just be the smartest thing to do at this stage, I also don't trust BCOM one bit, plus I am not sure I want to work for people with these kind of values.
Honestly I don't trust them at all.
That's a good policy.
They haven't been honest players at all on the East & West coasts of NA.
You mention a reduction in salary.
Is that confirmed for all in eg Ireland and UK?
If you have tenure, then take the money and run. As fast as you can. Broadcom will either reduce the cap to 52 weeks OR the weeks per year from 6 to 4, or maybe even both.
Add to the mix a reduction in your salary, which means a reduced OTE for future calculations.
Take the money, blow Hock a kiss as you leave, and don't look back.
Honestly I don't trust them at all.
Hock is a mercenary, not to be trusted and best to be avoided.
@mtp+1qnYwoja I could not agree more.
If you’ve got tenure and a sizeable severance package and are confident in your capabilities to get another job then taking the money and running could be the less risky thing to do.
If you stay and write off severance (which could be equivalent to a years salary or more if you have long enough tenure), then you could end up leaving in less than 12 months time (either through your choice or broadcoms) and walk away with total cash less than if you went now and took some time out.
While Broadcom are honouring VMware severance policy for the first 12 months who knows what they’ll offer after? (Doesn’t look like they are prepared to publish anything on it).
If you’re a high performing sales professional today (who is over achieving and making lots of sales commission) then what have you got to look forward to?, for the first 12 months you’ll likely be paid on the country number so opportunity to overachieve is limited and very little link to your actual performance.
Post 12 months it’s likely you’ll be on a team number and again have less ability to get rewarded for individual over performance.
If you were in the open market today would you put Broadcom at the top of your list of places to work?, if not then why sacrifice a severance check to stay.