I hate that we acquired VMware, company has extremely low revenue per employee and we gave high level offers to so many useless folks. As a result Broadcom employees will receive low stock price forecast, hate this s**t.
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Stock dropped from $1700 to $170. Thanks VMWARE.
Omg again with the revenue per employee and legacy product comments.
VMware is still a company, it’s just an LLC now, if it’s so sh-t why did your messiah want to keep the brand alive? If it’s so legacy why does over half the Fortune 500 and major governments and militaries still rely on it?
“ The company is literally built on acquisitions. Wtf is this sh-t?”
Which one? Both buy things and create siloed BUs!
People complaining about share prices… the price has more than doubled in less than a year. And it may well go down but that’s not 100% due to VMware. Bunch of analysts think it’s a strong buy but have lower targets than what it’s at. And if you are worried about short term stock price, you’re playing the game wrong.
Everyone needs to shut up and accept that the thing was done, nothing you can do. Your complaints and opinions on the matter literally do not mean anything to anyone, otherwise you wouldn’t be saying them here, you’d be saying them in a meeting with hock and other decision makers.
If you don’t like it leave. If you can get by doing less and getting paid more, go for it. If you don’t like the other tribes culture, don’t interact with them. It’s a fing job, not a lifestyle. Take your check do your work go home and find a hobby. My hobby is reading these stupid posts and laughing, occasionally trolling, but some of yall are sad
Hock doesn’t give a fu-k about your feelings. If the stock price goes down su-k it up or leave. The master has grand plans for VMW like other sh---y companies he acquired previously and the ones he will acquire in the future.
Literally number of useless directors and staff1/2+ in VMware are now getting huge pay rise, which based on their contributions to the revenue is not sustainable.
The company is literally built on acquisitions. Wtf is this sh-t?
I only care for the stock price, if VMware folks are too lazy to work, we need to get rid of as many as possible. Sorry for being toxic, but life is short.
To some entitled BC employees here, stock price rises only because we continue to buy legacy companies, increase product price and cut the cost.
Acquisition vs marriage
Actually stock price would be much higher if VMware was not a money burning machine. Image all the moro*s who got offers at p6+ and barely do any work, how is this fair for current BC employees like me? Revenue per employee at VMware is pathetic and number of high level titles is astonishing! How company with so many p5-6-7+ and directors can't deliver anything making money?!
"Though vmware was bloated but it was doing many meaningful stuffs."
How many VMworld keynotes and RADIO keynotes become meaningful product in the last 5 years?
Yup. Nothing meaningful, hence we were sold. We didn't even believe in our own market value. Thank God a su---r bought us at a high price.
This didn’t age well
Hey it was your lemon Jesus who decided to buy VMW... go whine to him.
I love all the comments from our armchair executives here!
I came from VMW and enjoyed the working environment, valued our customers, and was happy with the compensation. But that was then, and now it's time to move forward. Though HT's management style and communications often rub people the wrong way, I think he's brilliant enough that I can believe BC knew what it was doing when it acquired VMW: together we have opportunities neither had. You can keep looking to the past and grumbling about how one company was better than the other, or you can turn to the future and be a constructive part of creating a winning company.
Your choice.
Only if I get a dollar for every time they talk about culture.
Broadcom is a sh-t company. Tell me one innovation from it. Though vmware was bloated but it was doing many meaningful stuffs. BC has no soul or culture. It is resting and vesting company. I would call it a corporate scrapper. Or great companies graveyard.
While I acknowledge that Broadcom is causing harm to VMware, as an employee of Broadcom, I perceive VMware as a legacy company that is outdated. I am unable to identify a single innovative product from VMware since 2010. Could you clarify the relevance of products like VMC and Tanzu? Although I disagree with the post, it is understandable that there are complaints, given that lower-tier VMware managers and staff engineers are now receiving significant pay increases without any merit, while many employees face stagnation in their roles, limited career advancement opportunities, and an overall lack of recognition for their contributions.
Every VMware customer hates that Broadcom purchased them. With the absolutely rediculous price hikes and reduced flexibility, Broadcom is destroying what was a good company and product. If you think VMware is bringing down Broadcom's stock now, wait until the mass exedus really begins. VMware customers are all evaluating alternative hypervisors and will be moving to a different technology. VMware owned the hypervisor market but that's going to end really soon. It's a shame that a complany like Broadcom can inflict so much damage on the industry.
The responses in this thread demonstrate the toxic, every-man-for-themselves ethos of the BC corporate culture. Yes, BC and VMW operate(d) under different business philosophies and it’s easy to cherry-pick your perspectives around revenue/employee, etc. And you’re not wrong. However, after spending over a year working closely with BC leaders during the “discovery” efforts, then in a leadership role in the merged organization post-close, it’s quite clear that while BC definitely has a ‘culture’, BC has no soul.
Many people are fine resting and vesting, and looking at their RSU balances and celebrating each vest date. If that’s what’s most important for you, then BC is a fine place to hide. For those who seek a more fulfilling career trajectory with opportunities to learn and grow into new roles and levels of responsibility, BC isn’t that place. This is especially true for younger employees still early in their career, who should seriously consider running for the hills.
If VMware was a better company why it no longer exists? Why your revenue per employee is 4 times lower than BC? You were not a charity, right? Why VMware missed cloud? Why VMware revenue is 98% from a legacy products, written by folks no longer in the company? Do you think Raghu or Pat were doing anything meaningful except collecting paychecks and simulating good work?
Let me answer you, VMware died long time ago, now BC we just try to squize existing customers and put the firm in the grave in 5 to 8 years max. For young folks this is not a place to stay, but time will show. Good luck
If VMware was a better company than Broadcom, why is your revenue/emp is so poor? Oh right .. making money was not your priority. Go pound sand in VMware threads.
You post this on the day AVGO makes its All Time High? lol
You Og BC sh-t happy in you tiny sh---y world. Even vmware employees wanted to join BC. Vmware was much better company than BC. Ask same question to HT in next Coffee talk.
Agree, I have been in the company for 5 years with no promotion and recently acquired folks come at higher level with no merit and dying product. Seems like this is our worst acquisition so far, employee/revenue ratio of VMware is like tier 5 company