Funny how all VP’s and above know their fate, last day of Nov 7th and package.
9 replies (most recent on top)
In my organization vp's know their fate. 75% gone
Not all VPs know.
"Delay might be to wait until after the US election."
And depending on the outcome of election he will fire either democrat supporters or Trump supporters.
The delay is over a couple hundred US employees - original plans for some areas were 90 layoffs but might get dialed back to 80 with somewhat more being put on transition. There are some centralized functions they assumed they could cut but didn’t start he analysis on until October. Ran out of time, and of course had little help from CA management who disappeared.
Delay might be to wait until after the US election. Last thing Hock needs is more US scrutiny if the announce 3000 US layoffs the day before the election when Hock and Trump have MAGA photographs together
Why the delay? Divestitures can’t close until after Broadcom has control. A person is either safe for the second party to deal with or if the bu can’t be sold is Broadcoms problem. The hold up is suspicious, though I feel really bad for Broadcom working all night. I sure do hope they have great coffee
@VFbWkKe Why is this a surprise? Broadcom is a thin organization, most VPs and above knew they were in trouble day one. On the other hand, this delay is probably good for lower level employees. It shows that Broadcom's original plan of hack and slash proved to be not feasible, at least with whatever plans they initially drew up. Recognizing a problem before it happens is a good sign from management, something that has been lacking in CA for years.
Go and read yammer to know from where Nov 7 came.
Where does Nov 7 coming from?