There is surprisingly little media coverage of these layoffs, especially considering that it's in thousands. All I can see is a few articles focusing specifically on layoffs. Everything else seems to be about the finalization of the acquisition.
Before we'd at least get some proper coverage even for smaller layoffs. Maybe it's elections, who knows...
There wasn’t much media coverage when Montgomery Wards closed either.
... imagine that!
Surprising? I have worked in tech 20+ years and the article on the Register was the first I've heard of CA in at least 7 years. Whatever CA was doing these past years is unlikely to be missed.
Another new article at:
https://www.sdxcentral.com/articles/news/broadcom-cuts-more-than-300-ca-technologies-jobs-report-says/2018/11/?c_action=home_slider
They have even posted a link to this site.
Below is the article posted last night on Newsday.com:
Layoffs at CA Technologies, 2 days after sale of firm closed
Broadcom, CA's new owner, confirmed it is laying off some of the software firm's Long Island workers. Employees said they expect more than 300 to lose their jobs.
The CA Technologies building in Islandia now displays signage for Broadcom, the firm's new owner. Photo Credit: Newsday/Thomas A. Ferrara
By Ken Schachter
kenneth.schachter@newsday.com @kschach
Updated November 7, 2018 8:27 PM
CA Technologies workers in Islandia and Manhattan were notified of layoffs Wednesday by Broadcom Inc., which closed on its acquisition of CA this week, according to more than a dozen employees.
The workers, some facing layoffs, said that based on documents they received from the company they believed more than 300 workers were losing their jobs.
A Broadcom spokesman confirmed that there were layoffs, but declined to provide numbers or comment on statements by employees that at least 33 percent of employees at the two locations were being laid off immediately or within several months.
The Islandia office, which was the headquarters of enterprise software maker CA until 2014, housed about 1,000 workers as of May. At that time, the company had about 11,000 employees worldwide.
Documents cited by the employees say the Islandia and Manhattan facilities are subject to Worker Adjustment and Retraining Notification notices, which New York employers are required to file in the event of a mass layoff.
Scores of CA employees gathered at a TGI Fridays near the Islandia facility Wednesday night to say farewell.
One CA veteran said the company's sale will leave a gap on Long Island.
"Thirty-three percent or more lost their jobs," said one of those gathered who asked that his name not be published. "When you have 1,000 and one-third or more lose their jobs, that's a big chunk," he said.
"They're my family," a finance worker who started at CA about two decades ago as an intern said of her co-workers. "We're still in shock."
A representative from Broadcom provided a statement saying: “As with any acquisition, we seek to align skills and resources to most effectively pursue today’s market opportunities. This inevitably requires reductions in select areas of the company. These are difficult but necessary decisions.”
Some of the employees are expected to have their last days this week, while others would continue for 30 to 90 days or even longer, according to multiple employees who asked not to be identified.
The remainder of the Islandia workforce would transition to Broadcom.
The layoffs come two days after Monday’s close of Broadcom’s $18.9 billion acquisition of CA, the former Computer Associates, which was announced in June.
Broadcom, based in San Jose, California, makes computer chips used in cable set-top boxes and other devices.
“Sending out love to all my friends at CA Technologies today,” Kristen Wilson posted on her Facebook page, which lists her as former senior director at CA Technologies. “For those sticking around, acquisitions can be tough, but sometimes you can end up being really happy.”
One employee said CA Technologies had occupied four of the six floors of the leased Islandia building. The remaining Islandia operations will be condensed to two floors, the employee said.
"You will be fired and fall under the AVGO severance plan which is not as generous as CA’s. "
It is exactly the same until you reach 20 years of service.
The media coverage needs to be linked with a formal announcement from Broadcom so facts can be referenced. As an example he NYS Warn notice isn’t up yet - they are probably waiting for the actual separation date. That’s either 11/9 or 11/15....
Surprised as well. The last layoffs in May received media attention. Maybe the media just doesn't know.
Or is it simply that both companies are irrelevant? The number of people “staying” by all accounts is somewhere between 4,000 - 5,000. Which means in about 1 year and 1 day from now that number will be 2,500. Not trying to be a wet blanket, but a stay letter means nothing. You will be fired and fall under the AVGO severance plan which is not as generous as CA’s. If you are an engineer this is a good acquisition for you, could be even great. Everyone else, be prepared. Especially if you don’t carry a quota or develop a product. Legal, Customer Support and Product Marketing, get ready it’s coming sooner or later. But, AVGO knows how to run and execute a business, profitability is the name of the game. RIP CA
Or maybe its because it isn't really newsworthy. Broadcom are well known for their brutal approach to acquisitions so people expect a very large number of staff cuts. Also bear in mind that the rules for implementing staff cuts vary country by country. For example, in UK there was a "standard" welcome to Broadcom email sent on Wednesday, but this means nothing. We won't know our individual circumstances until Tuesday 13th (stay, leave, transition & divest), but we do now that of the 373 UK employees, only 131 are in the stay category, so 65% of the current UK employees have no long-term future at Broadcom