If you’re still holding on at VMware, you might feel lucky, but don’t get too comfortable. “Job security” disappeared long before Broadcom stepped in, and it’s no secret. At this point, it’s not about if the axe will fall, it’s about when. Every day feels like borrowed time, and the ticking clock only gets louder.
24 replies (most recent on top)
Another perfectly balanced upvote/downvote thread.
Way to go layoff.com !
After the 1 year mark, contractors are all toast and a hock smash moment of RTO or else creeps in to cull out more non believers of our lord and savior.
That 5 hr commute is your problem - relocate or else,
Want some cheese to go with that wine?
This is the little rocket man way.
No need to panic. Hock said VMware integration is done
This could just simply mean that everything is integrated (all software, all logins, 401K, benefits, HR, facilities, etc.).
It doesn't actually say that he's satisfied that everything is cut to the point where he feels there isn't anything more to cut. That he is happy with the profit in and money out. So, I'd expect cuts to continue until he says so, in no uncertain terms.
No need to panic. Hock said VMware integration is done, so I would expect
headcount reduction to slow at VMware.
He also told vmware employees that they would re-evaluate their WFH policy prior to the acquisition to keep people from leaving.
More galling, he told regulators in multiple countries that Broadcom was not going to raise prices of vmware products. He cancelled the products and made new ones at much higher prices.
Do you honestly believe their isn't some Genie-in-the-bottle or monkey's paw shenanigans going on with that statement?
No need to panic. Hock said VMware integration is done, so I would expect headcount reduction to slow at VMware.
Who cares.. every 3 months I can buy another house thanks to the RSUs..
Soon I’ll start my own gated community for when the zombies come
M fakkers still trapped in this thread. Why no new thread?
Powell threw his hands up in the air. CPI is at 3.2. Core inflation is at 3.7.
Trump policies are going to be inflationary.
Immigration crackdown. Increases wages for Americans. Inflation.
100% tariffs on imports. Highly inflationary.
Powell kept cutting rates while inflation was going up to help the dems.
Powell will be pardoned along with the other crooks like Dr. Fauci and Liz Cheney.
As Powell kept talking the market nosedived.
Key Cramer, go find another network FFS
Trump dump in progress. 10 year rate now crossed 4.5% as the fed cut rates to 4.25%. Rates are going to 6%. The 70 Billion in debt will crush Broadcom. It's happening. The crash has started.
This site has become total sh-t with the nit jobs here. Flooding the zone with chatgpt is a form of protest.
Deploy the to foil hats!
Let’s focus on layoffs, this is a substack for pontifications on the market.
Are you so over-leveraged that you cannot see anyone poking holes at the AI bubble? Protect the bubble with all your stupidity.
What is the point of this verbal diarrhea? Are you stupider than ChatGPT? Don't you have anything useful to contribute? Looks like the hiring in Symantec was broken severely.
I’m sure you’re tapped into all the secret signals us mere mortals missed.
It's the 1% that are in cash. The poor people cannot afford to be in cash because they will miss out on the market gains of 40% in 2 days. Sorry for the poor people who need to gamble to pay their bills.
No one went broke by selling for a profit.
Not sure what planet you are on - but we're a setup org for this year and moving on.
Why don't you as well.
We are fine until vcf 9 release. Just relax and enjoy!
Ah, yes, 6 trillion in money market funds—clearly a sign of the apocalypse and not, say, people parking cash because interest rates are actually decent for once. But hey, with your relatable 2.73 million, I’m sure you’re tapped into all the secret signals us mere mortals missed. Something big is coming, all right—probably just another Tuesday.
The AI bubble gets darker.
https://www.dailydot.com/debug/open-ai-whistleblower-suchir-balaji-death-conspiracy-theories/
Many users also highlighted Balaji’s last post to X, which was made just days before the discovery of his body.
In the post, Balaji noted that he had worked at OpenAI for nearly four years and spent the last year-and-a-half at the company working on ChatGPT.
People now have 6 trillion dollars in money market funds or cash. It used to be around 3 trillion before the pandemic. Everyone knows that something big is coming. I just have 2.73 million in money market funds after the December selling.
https://www.visualcapitalist.com/sp/the-record-6-trillion-in-cash-on-the-sidelines/#:~:text=Investors%20have%20stockpiled%20a%20record%20%246.1%20trillion%20in,alternative%20to%20cash%2C%20investing%20in%20assets%20like%20Treasuries.
Visualizing the Record $6 Trillion in Cash on the Sidelines
Investors have stockpiled a record $6.1 trillion in money market funds due to the sharp rise in interest rates driving up higher yields over the last few years.
There is no safety anywhere if you are working for corporate America. I am not sure why this is a new concept. It is hire/fire at will. Whether it is Broadcom or meta or amazon or something else. No one here is doing a social service. I will stay at Broadcom as long as they keep me and will find a new job when they lay me off.
In HOCK we Trust!
Rest and vest is working for me. You seen the share price. Epic!!
Nvidia stock is in a correction. Microsoft’s CEO may have just said something very worrying.
https://www.marketwatch.com/story/nvidia-stock-is-in-a-correction-microsofts-ceo-may-have-just-said-something-very-worrying-9f2539c2
I got the red facepaint from the monkey God temple. I wear it everyday. I feel calm now. I do not feel the negative energy of the taaaantric high caste managers. I am able to focus on my work. I sleep better. I am not in their control anymore.