Thread regarding CA Technologies (CA Inc.) layoffs

Islandia Campus

I would not bet on the Islandia Campus continuing to operate. The facility was designed to hold over 8k and now has less than 1000. It's almost like a graveyard and CA sold the property in 2006 and the lease expires in 2021. I expect Broadcom will pay a fee to terminate early and move the handful of development staff it intends to retain in a much smaller facility, most of them live in Queens anyway

I think it will be a long haul for Broadcom to get value from CA. Even though there is a lot of overlap in the sales, marketing, and infrastructure orgs which can be cut it will take time and money to get everyone on the same page not to mention all of the disparate systems in operating order. Many CA customers have been jumping ship for years and there is no reason to think that will change under Broadcom. Computing has changed and CA along with their technology has not. Knowing the inside of both companies quite well, there will need to be a new mission and additional acquisitions for this to be a positive future direction for Broadcom.

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| 4211 views | | 6 replies (last November 7, 2018) | Reply
Post ID: @OP+UclnXrZ

6 replies (most recent on top)

The Islandia building has been on it's way out for quite some time now. When they sold the building in 2007 and started leasing space there they moved the corporate HQ to NYC. CA moved out of the wing 10 years ago. Last year they moved the datacenter from the basement and emptied the 3rd floor(which is up for lease to another tenant). They also emptied half of the 6th floor, which was mainly executive offices that were never used anyway.

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Post ID: @1Pncb+UclnXrZ

I have recently heard that November 5th is the day in which we will get a massive announcement in some sort of fashion. November 15th or somewhere around there employees will get three options:

a.) Become a Broadcom employee

b.) Be apart of the retention plan and then get laid off in due time

c.) You are fired

I have heard Islandia will hold around 150 people come January.

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Post ID: @gjbh+UclnXrZ

Agree with other poster, Islandia building was never 8,000 employees. I remember the building being maxed out at around 3,000 one year with the SAP folks stuffed under umbrellas in the love boat section.

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Post ID: @cswm+UclnXrZ

After the acquisition CA will have no HQ, it will be a BU within Broadcom. Expensive Madison Ave will be closed or merged, Islandia downsized further or closed entirely (maybe keep 1 floor and sublease the rest until the lease is up) and other offices condolidsted and aligned to Broadcom.

Anyone on Long Island needs to be looking for a new job NOW.

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Post ID: @8ams+UclnXrZ

Regarding the Islandia Campus...at its peak, it had about 2500 employees. The building was sold in 2007 and the timing was excellent. CA sold the building at the peak of the real estate market which crashed a year later.

CA consolidated the employees from the tower extension to the tower in 2009. There was a lot of open space due to many employees going on "mobility" (working from home), attrition, and moving some jobs to other locations. The tower extension was sub-leased to a few different firms, who then had access to the fitness center and the cafeteria. CA then officially moved its HQ to Madison Ave.

There has been much speculation that CA would move its HQ to Silicon Valley. We just might see that after the acquisition.

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Post ID: @7qwp+UclnXrZ

Broadcom can get most of the value it wants from the company by keeping the mainframe business alive for the rest of it's useful life and by harvesting the patents. It seems like everything else might be fair game for elimination or being sold off elsewhere. Unless we hear of some sort of grand software strategy soon then make no mistake, this acquisition will essentially dissolve CA. Only stick around if you have no choice and/or a strong stomach!

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Post ID: @1kua+UclnXrZ

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