Thread regarding Broadcom Corp. layoffs

Here is What Hock Tam Did With His Previous Acquisitions

1) He minimizes all support organizations. HR, IT, Finance, Legal..etc, etc. you can't sell these. This also mean any centralized big ticket item perks. So, if you have a Broadcom park in the mountain, that might be sold soon.

2) If you are a revenue generation BU - you are good, then it depends on whether he wants to keep you around. He will sell you before he lay you off.

3) He does not do across the board layoff.

4) He will force BUs to a certain financial metric. So, this might ripple down as layoff from BU GMs.

5) I don't know what he did on sales but he practically run sales

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| 4271 views | | 6 replies (last February 14, 2016) | Reply
Post ID: @OP+FTJfWxV

6 replies (most recent on top)

"HR, IT, Finance, Legal..etc, etc. " - these are all a bunch of leeches anyways. Get rid of em.

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Post ID: @3mqo+FTJfWxV

We add value, but money goes to Asia

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Post ID: @1emh+FTJfWxV

very smart guy

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Post ID: @1oam+FTJfWxV

"strategic, money making BU, not meet his margin targets"

He probably cut some people from that BU, so it can meet the target.

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Post ID: @1oaz+FTJfWxV

sounds like smart businessman

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Post ID: @1cet+FTJfWxV

pretty spot on Hock's MO. it is best to be on a money making BU that will not meet his margin targets but still highly strategic to other companies - so the BU will be sold.

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Post ID: @1vtx+FTJfWxV

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