Retention offer

Whenever the deal closes, it's my understanding that CA people will be given an offer to be retained or they'll be informed they're being laid off. If you're being laid off, maybe it's right then, maybe after whatever warning period is required at your location. If you get an offer and you reject it, It's my understanding that you won't get severance, because you're quitting.

I bet anyone who thinks they have an "option" to be retained or to take severance, that'll be managers moving people up and down their recommendation lists. It's CA people who will recommend who stays and who goes, not Broadcom people, because they don't know who knows anything. Broadcom may have a target headcount to meet in each area, but I don't believe they're going to pick at random.

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I have this terrible feeling they're going to offer me a permanent position

If you know someone at Brocade, now is the time to reconnect to get a reality check on how things went down when Broadcom acquired them 2 years ago. That acquisition took 1.5 yrs to close and all that Broadcom wanted was their SAN business that ran at 87% margin and had 67% market share. The other 4 lines of Brocade business were sold off to other buyers on the SAME day Broadcom closed the Brocade deal. There have been 3 additional Brocade layoffs since the Broadcom close.

if your manager starts asking you to help produce training materials you're probably in the retention group. If you haven't heard anything about new hire training you might wanna brush up your resume

Originally I thought the retention group was going to be a big bucket, but given the cost, I suspect the list will be less than 10 percent of the company - and in the US only to people who are critical to the transition and a successful sale of the BU.

Thread regarding CA Technologies (CA Inc.) layoffs

Retention offer

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