Thread regarding Broadcom Corp. layoffs

"...Broadcom under Hock has been very generous with severance packages..."

Let me offer some perspective on this statement. The only way anyone exiting BC gets their severance, is by signing away all their rights to sue the company. Anyone who questions this, better re-read the BC severance agreement that you signed.

Companies that perform mass layoffs are essentially paying off exiting employees to avoid wrongful termination suits. Once a suit has been filed, the company has no choice but to defend it which is both time-consuming and expensive (even for frivolous lawsuits). Furthermore, lawsuits force companies to produce documents, emails and other information they would much rather keep private.

Companies conducting mass layoffs offer healthy severance packages because they want as many exiting employees as possible to sign away their rights to sue. Sure, there's some PR benefit from doing this. But behind the scenes it's largely to protect the company from an avalanche or wrongful termination suits. BC is not unique in taking this approach.

Only ruthless during acquisition integration. Once that period is over it’s a stable business w few layoffs (by tech standards). Boring and not a place for innovation or career development, but stable

I would love it if we were allowed to see his autistic meltdowns and tirade sessions, much like Coffee talks. "Join us for a meltdown session with Hock as he looses control over his Security division at 5 EST".

More sensible than ruthless IMO. Broadcom under Hock has been very generous with severance packages, so even if you get laid off, which many people near retirement actually look forward to, you will have enough money and time to make your next move.

As long as we in Symantec able to collect more RSUs

"Asked in an interview in 2023 whether he had an overarching strategy for its 23 divisions, Mr. Tan responded with characteristic candour: “The answer, I hate to say, is ‘no’.”

The only strategy is free cash flow.