Does anyone know if/when the dividend will be paid?
RSU's acceleration as part of your severance?
Based in EMEA. Trying to figure out if BC accelerated any (non retention) RSU's on termination? Did they give the next Vesting date for example? Thanks.
SAMs are now mandatory?
"A SAM SKU is now mandatory, covering 2.5 days per week." Why on earth would they make them mandatory? Getting rid of those do-nothings would be an easy savings. But instead they make them mandatory? Good job, Hock.
Cork reductions leaked
360 in cork to go. https://www.irishexaminer.com/business/companies/arid-41288746.html and https://www.corkbeo.ie/news/local-news/over-360-cork-jobs-risk-28275464 Consultations have started
EUC being force into office starting today
Why? most of them are going through onboarding and they have to go into an office. I don't blame this on HT, as EUC is a division now within BC. Leadership within EUC is delusional, and if you want people to perform give them autonomy. If you want... — read more
Etrade scammed us for fractional shares
Etrade credited the amount for fractional shares at 905 USD. Expected rate for credit was 978 USD based on acquisition of VMware. Etrade has credited the deposits in all VMware employee accounts at lowest value of AVGO shares. Cash in lieu of... — read more
Retention RSU's - Fidelity
Retention RSU's in fidelity shows vesting date as March, 2024. For those employees being terminated, how does this work? Do we need to wait till March to get them? or Will they get en-cashed on last working day and the proceedings are paid via full &... — read more
I'm feeling dejected and depressed
Knowing that I'll be worrying and stressing over being employed every day for at least a year is not doing my mental health any favors. I don't know how the rest of you are handling this, but I'm not doing so well. Everywhere I look, it basically... — read more
Dec Bonus
I heard Broadcom gives out a bonus in Dec. Will we get a prorated bonus in Dec?
Caltech and Broadcom Announce Quantum Research and Development Partnership
Investment will create an innovation, collaboration hub to support world-leading scientists and engineers in quantum science, computing, and related fields. Caltech and Broadcom today announced a multi-year partnership to advance quantum science... — read more
Are the RSUs worth it to you
For those who came in with FTE offers to BC from VMW (not you native BC RSU w*ores), are the RSUs worth to you to stay? RTO 5 days a week, threats of layoffs for the next 2 years, company culture that was wiped out in 2 weeks, many of our customers... — read more
RSU Question
Since all Broadcom employees have their RSU's vest at the same time, do you typically see a sharp decrease in price every scheduled vesting date when a large number of employees are cashing them out? Or is this typically not large enough to make a... — read more
Layoffs
8% layoffs coming soon. It’s all on google. Just look and you will see.
New BC contract who decides?
Our VMware Management says they have no influence who receives a offer or not. All decisions made by BC HR. This does not make sense from a business perspective. I don't believe local Sales or Country Management was not involved.
AVGO up 8% today
Hock and I printing money today :)
Any news on Singapore office??
Please update here Are we moving to Yishun BC office ?? :(
How will VCPP partners make money now?
The margins are tiny, the richness of services is non existent. Seriously, who would sign off on a VMWare based cloud now when you have a multi-year commitment of hardware, support contracts and licensing? Hyperscaler cloud won, that is the model... — read more
VMware Customers Cautious after Recent Broadcom Actions
https://www.forbes.com/sites/stevemcdowell/2023/12/10/vmware-customers-cautious-after-recent-broadcom-actions/?sh=2413317176cf
No RTO!
Just imagine what will happen if no one shows up to the office this week but get all our work done from home. I know, it's just an imagination but...
When will welcome RSUs show up in the newly created account in Fidelity?
First vesting is going to be on 12/15/2023?
New Workday Org Chart
I am sales EU based and I have seen in the Workday Organisation chart on Broadcom that in our team, some report to the actual manager, some report to the VP, some report to an EUC org in the US. Has someone figured out what was the meaning ?
It’s almost Christmas
What to put under the tree for Hock?
Weekend over. Ready to hit the road ?
I am not.
Attrition Rate and layoffs?
Does anyone know what the attrition rate is at Broadcom? And how often do they do layoffs?
Unvested RSUs now in Fidelity
Finally, after months of this bs, my unvested RSUs have appeared in Fidelity (previously in E*Trade prior to this shtsho). The system generated account is called “BROADCOM INC RSU” The other magically created Individual investment account will be... — read more
Broadcom Employment Survey
Do they have such a thing?
Canada Severance
How does it look like?
Anyone fired for not returning to office
How can I complaint to Broadcom HR about my colleagues not returning to VMware office ? Its unfair if I come, but some others don't.
EMEA people who have to go
There are so many entitled UK and EMEA employees who have been at VMW for 12-15+ yrs who are basically coasting. Not seeing customers, not really working beyond travelling from presentation to presentation. You know who you are. It’s not sustainable... — read more
Hock, can you breath 6 ft under?
Some of us walk on water, I’m wondering what your special skill is?
Let’s go team!
Oh wait, half of the total team works in the EU and now lives in fear of being laid off. The layoff list has been made and you might be on it. Now get back to work and “go team!” What a way to live. See ya bcom, enjoy your hunger games. — read more
Did you RTOed 5 days this week?
I went just 1 day and that itself was too tough for me. Curious to know how many days others go. Any commute horror stories to share ?
How many RSUs do we get in Broadcom?
Rumors say that a Broadcom emplyee gets ~500 RSU each year (~500k$) for employee, non managerial with 12-15 years of experienc. Is that correct? And forveach grade above it 50% more
Will Broadcom fire employees not returning to office ?
Does Broadcom have any process to catch employees not returning to office ?
Ferengi Rules Of Acqusition
I just realized that Broadcom's Chinese Rules Of Acquisition are a lot like the Ferengi Rules Of Acquisition. See: https://www.youtube.com/watch?v=PvFYBkesqGU
Can’t wait to get going or be laid off
This delay is ki-ling me. I’m bored. We’ve got customers who need solutions. If you’re any good you’ll get more money working elsewhere by all accounts…so why not be curious, loyal and willing to give it a go.
Broadcom intends to divest VMware EUC: What's next?
Good article. but nothing new. The most likely outcome for EUC will be either PE buyout or a spin-off https://www.techtarget.com/searchvirtualdesktop/opinion/Broadcom-intends-to-divest-VMware-EUC-Whats-next
Less and less people in the office
Even a so small cafeteria is not crowded any more. So people resume WFH by themselves now and just watch what will happen?