Thread regarding VMware layoffs

Omnissa sends out ownership information to employees

Sounds very underwhelming and 100% NOT based on tenure.

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| 2071 views | | 10 replies (last September 6, 2024) | Reply
Post ID: @OP+1umRU3PM

10 replies (most recent on top)

This is typical of what KKR has done in the past. When they acquire a legacy software company in decline, like BMC, they assume that employees will accept anything in return to keep their jobs. So, it's no surprise that the same is applied to VMware EUC.

If people had researched the KKR track record, they would know it's not an 'incentive' to stay. It's designed to make you feel less foolish about believing they care. They don't.

KKR is focused on the profit margin that rewards their executives. Nothing else.

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Post ID: @1rgs+1umRU3PM

There is no number or guarantee, don’t walk run

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Post ID: @1sln+1umRU3PM

It didn’t live up to Shankar’s hype. They made it sound like a huge f’king favor. Which is at the best on par with any sign on RSU’s. Project values means nothing as of today.

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Post ID: @1hju+1umRU3PM

Basically you could join any public company and get sign on RSUs worth as much, so why should I take chance, for a 5 year wait?

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Post ID: @1wtk+1umRU3PM

How is it structured?

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Post ID: @1mqg+1umRU3PM

I got a rock

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Post ID: @1ydx+1umRU3PM

What’s the number?

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Post ID: @1udi+1umRU3PM

That’s the number they put it there to make you leave on your own without any cost to them

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Post ID: @mjo+1umRU3PM

No support for the value of employee ownership.

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Post ID: @mvn+1umRU3PM

Underwhelming is too lengthy a word to use. And me typing this here about the topic is not worth the number they are putting in too.

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Post ID: @gzv+1umRU3PM

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