Thread regarding CA Technologies (CA Inc.) layoffs

My Islandia Predictions

Anyone thinking Islandia will be occupied until 2021 is smoking something. Or that they can’t lay people off.

My predictions.

1) they will lay off at least 50% of Islandia day one. They can pay in lieu of WARN. Severance counts against that, so everyone laid off will likely be people already getting 13 weeks severance. These long term people are also likely the most expensive.

2) floors will be closed immediately, or by end of the year at the latest. The remaining people can be relocated to the first couple of floors.

3) as more layoffs occur less expensive facilities in a class B office will be found and Islandia either sublet or a penalty paid to exit sooner.

Islandia and its people have no special appeal to Broadcom. It is very expensive and not aligned to their company.

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| 1531 views | | 5 replies (last September 28, 2018) | Reply
Post ID: @OP+ViF7ZrH

5 replies (most recent on top)

It's funny how ppl still think this website is full of speculation and guessing. What broadcom is going to do is a very poorly kept secret.

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Post ID: @5gou+ViF7ZrH

Look. Everyone posting here is guessing. Everyone. Some will end up being right but that's mostly by chance. If any of us were any good at predicting the future we would be spending our time trading stocks instead of wasting it worrying about layoffs.

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Post ID: @1ona+ViF7ZrH

@ViF7ZrH-kwa are you one of the doubters who believe that nobody will be laid off? Or think you're so important you are irreplaceable?

Nobody posting here knows the facts, but the majority of the people based in Islandia are in supporting roles. HR, Legal, Finance, all will likely be gutted. IT will be gutted and outsourced.

I think 40% is probably more likely day one. With up to 70% by end of the year.

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Post ID: @1shg+ViF7ZrH

they will lay off at least 50% of Islandia day one.

Hopefully that includes you so we don't have to deal with these nonsensical posts anymore.

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Post ID: @kwa+ViF7ZrH

Thank you Nostradamus

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Post ID: @ucu+ViF7ZrH

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