Broadcom will try to let go most tenured people 12 months + 1 day after the close. Because CA severance policy is only in effect for 12 months after closing. After that Broadcom will only honor Broadcom time which would be 1 year.
I hope people will realize this. Not being laid off right away is far from being safe. You should actually hope to be laid off within the first year. After that, all of us are screwed.
Yes, if you are fired you will get unvested shares money. It's called accelerated vesting schedule. Check on yammer if you don't want to go by my words.
If we fired, do we get unvested shares money ? any idea...
This might not be easy but think of each week after November 5th as your first week of severance. Do the minimum, collect your paycheck and benefits, if you have them let your next batch of RSU’s vest in May.
It’s going to be a total sh-- show with 4000 layoffs, four levels of management gone, and a bunch of financial engineers trying to run the remnants of a dying, complicated enterprise software organization. Half the survivors might be on transition and the other half looking for the exits.
What do you smoke to post c-ap like this ???
If you are outside USA and you dont have RSUs, getting lay off now or in 1 year o 3 is the same, well actually later you will add more service time.
This is blatantly wrong. Your time served transfers over to Broadcom and they max out at 40 weeks pay. The only thing that would change is RSUs won’t accelerate past one year from closing date.
Really depends on country/continent if your post makes sense. I guess you are talking USA, which doesn't equal 'World'.