The axe is falling, for the US employees at least.
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“AI-infused autonomous workspaces". Where is a taste of AI?
Disappointing, nothing substantial and specific. There is not real content.
PE investors and industry analysts are attending Omnissa Live in the hope that a real vision for innovation and growth will emerge from the event. Let's see what happens.
Omnissa will host a web event dubbed "Omnissa Live" on July 23. This will be the first in a series of events where Omnissa will inform about its vision and strategy as a standalone company.
Omnissa should have a meaningful plan to reverse the downward trends.
They must leave the old EUC leadership toxicity of perpetual apathy behind.
Omnissa should leave the toxicity of Vmware/ Broadcom behind.
Nah, Omnissa should leave the toxicity of this site behind.
"These cuts are needed so they can support their plan to provide comp increases/bonuses within the first year of existence."
Not true. KKR told Shankar that cost-cutting is required to improve profitability. They can't unload Omnissa to a buyer with the current balance sheet. If we're unable to grow, then more cuts are inevitable. KKR is a high-profit company with a proven cut-and-sell playbook.
None of my team members have any confidence in the current Omnissa leadership or the KKR promise to invest in growth. We expect more headcount cuts due to sales decline.
We're on a downward spiral that is now unstoppable as more customers exit.
Hilarious. Omnissa has 165 followers on X.Not sure the CMOs plan is going too well.This big launch that everyone is talking about is like some Apprentice challenge where they have a week to think up a company idea, high school kids would do a better job.Trump would have destroyed them if they were on the show back in the day.Can’t wait for the big reveal (or is that rehash)
The layoffs only impact countries where omnissa is a legal entity (ex US and Ireland). They are trimming PM and sales. These cuts are needed so they can support their plan to provide comp increases/bonuses within the first year of existence.
“ Anyone know what the severance package was from the last round of layoffs?”
VMware package
UC was in a coma under VMware, being standalone is an opportunity, but not a guarantee of success.
Omnissa is just a life boat for few ex-vmware employees since mothership has sunk already. Omnissa is going to sink before it reaches the shore. AI/ML buzzwords is not helping anymore. I hope Omnissa is staying away from DEI , ESG and other woke/leftist agendas. You guys should move Omnissa HQ to Texas.
"Seeing adios messages today, wonder how many will go in this round"
Managers are saying 300+ but won't be specific about teams affected, only that there is more to come soon. I'm assuming they mean cuts in other countries, once approved.
"Omnissa will host a web event dubbed "Omnissa Live" on July 23."
Who cares, other than the handful of involved employees? This newly veneered ship set sail and is already sinking. Do you think that customers don't know what's happening?
"Omnissa Dying Slowly" would be a more accurate event name.
"Hopefully, KKR will prioritize customer's success and employee well-being alongside shareholder value."
FYI, our Customer Success team was hit hard by this headcount reduction. We've been told to expect more cuts in the coming quarters. How many remain is anyone's guess.
"Shankar will continue to conceal additional layoffs."
KKR is making all big decisions about the financial viability of Omnissa, and Shankar is merely a puppet. He likely doesn't know what's coming until he is told. Expect more cost-cutting measures from KKR. Headcount and employee bonus payments are likely just the beginning of planned cuts.
Anyone know what the severance package was from the last round of layoffs?
Most of our sales teams anticipated this first cut, due to the declining pipeline. However, the remainder of our employees are concerned about when the next wave comes - and will the severance package be enough while we all search for new jobs. I guess that most of us at Omnissa are actively searching now. Best of luck to everyone.
So, after about 300 layoffs, what else can they do to save money? Oh I know - let’s not pay people their bonuses.
I’m beginning to be done with this place, thinking it might be time to move on.
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"I wonder how anyone is suppose to feel loyal working at these companies"
Loyalty is a thing long of the past. Employers haven't been loyal to their employees in decades. Why should employees feel any loyalty at all? Employers don't care if they have loyal employees.”
Loyalty to employees went out the door when corporations, starting with IBM, began pulling back pensions in the mid 90’s. IBM set the new standard for -we don’t care about you and BTW you’re just a number-
Omnissa will host a web event dubbed "Omnissa Live" on July 23. This will be the first in a series of events where Omnissa will inform the EUC community about its vision and strategy as a standalone company.
"I wonder how anyone is suppose to feel loyal working at these companies"
Loyalty is a thing long of the past. Employers haven't been loyal to their employees in decades. Why should employees feel any loyalty at all? Employers don't care if they have loyal employees.
no engineer layoff as there are quite engineer attritions.
"4800 Omnissians how many they are planning to cut?"
My manager said our CMO has identified 20+ people to be cut in marketing roles. No idea when this will happen. Everyone on our team is concerned.
"Also anyone know how many peeps are impacted? The lack of comms is truly baffling"
Shankar will continue to conceal additional layoffs. Don't expect any transparency. Why? KKR has mandated cashflow expectations that must be met ASAP. More cuts are to come as Omnissa profitability challenges are a top priority by KKR leadership. Wise up everyone
China mainland, EUC GSS and sales are informed to be layed off this Monday and leave Broadcom at end of July.
All Sales, GSS of China laid off.
Engineer layoff?
How much of services was cut?
how many people have been let go??
Mostly people from outside of EUC that were shoved into EUC as part of the Omnissa spin-off.
Was a town hall - all hands meeting set then randomly cancelled, or was that only in APAC? Also anyone know how many peeps are impacted? The lack of comms is truly baffling
“ We've been disappointed with the level of communication from Omnissa's executive management since the KKR acquisition. With the recent staff reductions right before bonuses were promised have only added to this already shaky employee sanity. Our customers need and deserve more communication. We understand the need for financial efficiency, but it raises questions about KKR's long-term commitment to Omnissa's customers and employees. Hopefully, KKR will prioritize customer's success and employee well-being alongside shareholder value.”
Nailed it! It’s totally unfair that VCF employees got huge RSU benefits and many of those in EUC will most likely get nothing.
I was told engineering was not affected. Does anyone know that to be untrue?
some US colleagues being layoff today, but indeed no internal communication.
Weird thing is that only countries that moved on Omnissa (Legally) seems to proceed to layoff.
Is China,India , EU all getting impacted
None of them are Omnissa yet, with an exception of Ireland. So don’t think they can fire anyone else outside US and Ireland. But Broadcom could though.
Is China,India , EU all getting impacted
We've been disappointed with the level of communication from Omnissa's executive management since the KKR acquisition. With the recent staff reductions right before bonuses were promised have only added to this already shaky employee sanity. Our customers need and deserve more communication. We understand the need for financial efficiency, but it raises questions about KKR's long-term commitment to Omnissa's customers and employees. Hopefully, KKR will prioritize customer's success and employee well-being alongside shareholder value.