Get your resumes ready if the deal goes through. On day 1 after the acquisition finalized, Broadcom cut nearly 50% of the US workforce. That 50% excludes the folks from VeraCode who were sold off to a PE firm.
Good Luck.
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if you work in Professional services, prepare to divest to HCL. learn about your rigth and contact a lawyer. i know that in France, former CA Services guy takes BC to court ...
Broadcom pays very good bonuses athe end of the year and the metrics are onl based on your division and the entire company. As a Principal Support Engineer I will receive 20% of my base pay compared to the 3% we received in CA with a chance to max at 150% payouts. So much better end of year bonuses and stock rsu"s that have already started to vest and pay dividends since they were granted in December. It not all negative in Broadcom but be prepared to work hard.
Former CA here, Tech Support. I had a stay offer and left. Broadcom has only one thing going for them, paying money. They have the worst HR department I've worked with so far (and I have 2 decades in the industry in both Services and Tech Support roles).
Their motto is: Broadcom is in the business of making money.
Everything comes second to that goal. If you only work to get a few years of work before retirement, it's an option but there is nothing else for you there.
There is NO innovation, there is no vertical movement (for example to go to a different product/technology), and when you get to stay you continue to do what you do until they no longer need you. In fact, the incubator programs were they first to be cut.
In Emea a lot of people could force redundencies because of their total disregard of local labour laws . Also, there is 8 people in HR for the whole of Europe.
And, anyone that is not in a vital position to maintain the business (eg HR, Marketing, Training and some such) will be laid off immediately.
CA cut 800 workers in January, 2018 and after the acquisition was announced they cut an additional 60% of the global workforce. In Europe the payouts were more than legally required and transition employees were paid a 50% bonus of their total monthly salary, so everyone left happily.
"You may get more money, but you will lose humanity"
Many folks here at Norton (at least in CC) have been following that already ;)
I am a former CA now stay at Broadcom and just let me tell you: expect the worst. 40% people off the day integration is effective. About 20% in transition 3 to 6 months. Absolute disregard and disrespect for local laws. They comsider all that matters is giving you some rsu and they can ask whatever of you. It is true: if you stay it is 4 years of rsu, but that’s all.
They will k--l your procedures and systems no matter: they first shoot, then maybe- only maybe- have second thoughts. The feeling among us having stayed at broadcom is of complete disarray. Yes you get money at the end of the month, but it is rather unbearable. This is a one-man company: hock tan and not even a hair in your head will move without his approval. You may get more money, but you will lose humanity
@ZRqhcVT-ckn that was the opener before the CA buyout. Huge layoff in May out of the blue, then they announced the acquisition, then the even bigger layoff. Old HQ went from 1000 to around 250 employees in a year.
Not sure if you heard, but they (SYMC) are already conducting Operation Re-org 2: Lay-off Boogaloo.