Yes I do love EUC...been my home from home for 10 years now. Nothing wrong with tenure as I see some complaints on here. If every company was to replace 10 years of tenure there would be 0 knowledge and cr-p support. The KKR deal is a breath of fresh air. Cmon guys, start flinging the dirt 😁
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"I think many will be surprised at how well EUC will turn out."
Let's try to define "how well EUC will turn out" under the control of KKR. The investor shareholders will do well. As for the employees and customers, I doubt it.
In the absence of new market opportunities for growth, the path to profitability is employee headcount cuts and raised prices for customers. The outcome is predictable based on the KKR playbook and their historical record.
I think many will be surprised at how well EUC will turn out. EUC has always been the stepchild and under so many restrictions because of the other BU's. Being freed of that constriction will provide that opportunity. I'm not sure if Shankar is the man for this, he's never been much of a fighter for EUC in the BU's, but the opp is there, they can be unbound by any VMware restrictions if they want. I think KRR will find someone better who can really charge forward and lead them. Even items such as AI assisted analysis and configuration to completely automate an installation and management is now possible because they don't have to take a back seat to any other BU. I wish them well.
. If every company was to replace 10 years of tenure there would be 0 knowledge and cr-p support
Yes. This is the way. Wake up.
"ALL listed companies have this simple aim."
Yes, but this is especially true for both Citrix and now VMware's EUC business which is under attack by their partner, Microsoft. The increased adoption of "good enough" Intune Suite is a result of the solution's commoditization and lack of meaningful innovation. Profit optimization is the driving force of the PE gains going forward, because of this fact.
"Private equity companies all have the same thing in common, profit optimization. We are all viewed as an expense, and few employees will be an asset that can't be replaced with cheaper hires."
ALL listed companies have this simple aim. I guess VMware didn't employ people who understand simple business facts and outcomes.
My concern, with the KKR news, is that EUC employment will sink like a rock in 2024.
Private equity companies all have the same thing in common, profit optimization. We are all viewed as an expense, and few employees will be an asset that can't be replaced with cheaper hires. I've been at VMware for 20+ years and it's hard for me to leave now.
You won't make another 10 with the same leadership l. Probably won't make it another 2 due to the lack of strategic planning by knowledgeable people who can leverage modern technology and turn the company around. EUC currently have customers on legacy AWSFDC, and they failed miserably with the SSC migration. That is an example of leaders who don't know how to leverage modern technology and lack strategic planning skills. If these changes are made, you won't need to pay a 10 year veteran to provide support. A 10 year veteran should be in management leading a team using cutting edge technology.
"Yes I do love EUC...been my home from home for 10 years now."
I'll take the bait. Only one decade to celebrate your time in the EUC BU? Seriously!
Many of your peers have one or two more decades on top of your example. Just imagine repeating the same two years of experience over and over for three decades. Now that's the kind of pointless longevity celebration that Shankar and his "asleep at the wheel" leadership team appreciate. Come back in two decades for your EUC tie-clip and pendant.
You are the tenured dirt that needs to be flinged out.