So far shareholders of AVGO aren’t thrilled with the completion of the buyout. The stock is already down more than 5% since the announcement of the closing. The rest of the FANG has been positive. Just hope those RSU’s aren’t worth TP. — read more
BC HR are monitoring and BC PR people are spinning
It is apparent to anybody who's reading posts here. BC HR is monitoring these posts and are clarifying items from the speech.
VMware 401k
Former VMware employee here just wondering what’s happening to the VMware 401(k)? Is it getting rolled over to Broadcom 401(k)? I know I should just roll it over, I’m just too lazy.
He bought VMware talent, he will lose them all pretty soon
Remote work is the biggest benefit VMware provided and lots of good talent is sticking around here due to this flexibility. By being so rigid, he will lose the talent he is so proud about. Nobody will stick around for more than few months now. If I... — read more
Summary of Hock’s Coffee Chat
Can someone summarize the talk? Saw comments on WFH and walk on water. What else? What are other changes that he wants?
Now I can confirm that I'm done with BC
After watching HT talk for over an hour at an all-hands, I can now confirm this is not the place where I want to keep my career growing.
REMOTE WORK IS DEAD! - Brought to you by BC CEO
HT was clear. If you live within 50 miles of an office, GET YOU BUTT in there. 4-5 days out of the week. NO EXCUSES. He said it himself and if you are not in the office you better have a GREAT excuse.
Shares for ex Vmw employees
Ive seen that people have received notifications about their shares and how it’s been distributed. Anyone that used to work for vmw previous to the acquisition have visibility ?
Obviously, no one cares about this merger time to just move on
There has been nothing in the mainstream tech news about the layoffs or even the acquisition.
My VMware Microsoft account just got locked
Do you happen to know how to log back into the system? I still need to finish printing my pay stub.
Ignorance
Broadcom has already omitted Cork from tomorrow's VCF All Hands, as the meeting falls outside EMEA hours. They truly care about us!
Hockey Stick Pricing
VMware customers beware, software licensing prices might not change right away, or may even drop a little in the short term, but the plan appears to be to jack up prices VERY significantly over the next 3 years based on what I saw today on an... — read more
VMware access all cut, not sure what to do
Hi all, I was termed and vmware access has been cut. Email and everything. I also can't log into broadcom integration portal. I just want a copy of my termination letter. How do i know if i will continue to get paid from now till jan 26th and... — read more
Fractional Shares
So - I had 29 shares of VMware - converted from 15 shares of VMW to 3 shares (really 3.78x) of AVGO. And 14 shares of VMware converted to cash. What happened to the .78 shares of AVGO so to speak - I can't account for it -
Has the fun has ended already?
We know the Slack channels have been shut down to allow any new comments/posts. But Iv noticed they have removed many reaction emojis on Slack. Most noticeably the Hock Tan emoji and other such as :communist: and Xi Jinping emojis. I get the... — read more
Migration if let go?
I was let go like many yesterday. End date Jan 26th. Do we need to go through the migration? Do we need a broadcom email for comunications before we leave?
Sumit Dhawan is new CEO of Proofpoint
Cybersecurity and compliance vendor, Proofpoint has announced Sumit Dhawan as its new CEO. Projected golden parachute payout from Broadcom to Sumit D. : $24.4 million Cash: $2.8 million Equity: $21.5 million
Broadcom offer +30% hike
I am in Sofia, my new offer overall TC is up 30%, I was smts
I'm saddened to see the vitriol on this site
I watched Novell shoot to the moon in the late eighties as it rode the LAN wave only to live through its futile attempts at finding its way in the aughts. So I have a lot of empathy for all of you VMware folks who are watching VMware's own 'circle of... — read more
Cash Coversion Showing as Available for Disbursement in Etrade
I logged in to my etrade account. Under Accounts - Portfolios - Other Holdings, I see the amount which is the cash conversion from the election. It is available for Disbursement. Is anyone else seeing this? I'm asking because in the FAQ of the... — read more
Cork office consolidation, does it mean office is being reduced or closed down?
In Broadcom email, people have received communication that cork office is going to be consolidated but there is very little idea what that means. Anyone any idea??
Etrade charged 38 x 2 dollars before depositing AVGO shares
Etrade charged 38 x 2 = 76 dollars, but no AVGO shares deposited yet. VOLUNTARY REORG FEE VMW SHARES for 38 dollars. CONTRA VMWARE, INC MANDATORY REORG FEE for 38 dollars. AVGO has already dropped 6 percent from 1000 to 940. Will AVGO or Etrade... — read more
EMEA
Did everyone receive the consultation email?
No active e-trade account
Am I eligible for RSUs, if I still have not activated my e-trade account? I have termination letter at hand
Word of advice for Transition people
Don’t waste it. If you’re on 6-12 month transition start looking for a job now so you have a good chance at having something ready for your termination date. It goes quickly !
Unvested RSUs on December 1
I got my termination letter today and couldn’t find any details regarding unvested RSUs while on WARN notice. Betsy mentioned that affected employees will still get RSUs vested on Dec 1 . But I couldn’t find any details in exiting documents — read more
IT layoffs @ VMW
Any idea what happened to the IT folks at VMW and whether the CIO & his leadership team transitioned to BC?
Day one total
Is there any way to know how many people got their walking papers today? What' the total so far?
Transition role offer in Oct no BC system access today
Our team got transition offers in October. Today, most got Broadcom System Credentials and Instructions to access apps etc but I did not. Anyone else experience this?
What’s the % layoff in Broomfield office
I heard more coming in a March.
How long is your Transition Role?
Just curious for those who’ve received a transition role - what are the terms? 6 months? 12?
Generous severance package
Is it a joke? They copied the VMware policy and sent us a letter stating that BC is now offering you a generous package?
I was going to get VCDX, is it worth it now?
Is the VCDX certification worth getting now with Broadcom merging with VMWare?
Stop whining
All you VMWare newcomers, stop whining and get with the program or bail out. AVGO revenue per employee is 2-3 times higher at AVGO than VMW - 1.1m versus 430k. Operating margin at AVGO is 2-3 times higher - 46% versus 13%. Thats a double whammy. This... — read more
Size of layoffs?
Anyone know how many?
Etrade stock ex employee
I read some posts here about the new RSU is moved to Fidelity. But what about the shares from previous ESPPs? I’m an ex employee and left all my shares in the Etrade account so I have no idea about the Fidelity transfer. My etrade stock plan account... — read more
Ireland
Okay so I can now login to the BS we will call Broadcom but I still don't know if I have a job in the next number of weeks? Workday shows I am a full time employee from today but I didn't sign anything? The fun of working in Ireland
Layoffs Engulf VMware After Broadcom Close, ‘Chaos’ For Partners in Sales Trenches
Thousands of VMware employees absorbed last week by Broadcom opened their emails today without knowing if they would have a job once they finished... — read more