Topics regarding layoffs at VMware

Topics regarding layoffs at VMware

Buyers remorse?

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 

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| 1180 views | | 3 replies (last November 29, 2023)
Post ID: @OP+1pPqkqIi

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.

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| 1030 views | | 2 replies (last December 2, 2023)
Post ID: @OP+1pPPnCRH

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?

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 ?

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| 1300 views | | 6 replies (last November 29, 2023)
Post ID: @OP+1pOjIk6l

Ignorance

Broadcom has already omitted Cork from tomorrow's VCF All Hands, as the meeting falls outside EMEA hours. They truly care about us!

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| 1760 views | | 8 replies (last November 29, 2023)
Post ID: @OP+1pObhydl

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 

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| 1280 views | | 3 replies (last November 28, 2023)
Post ID: @OP+1pOkrWPa

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 

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| 530 views | | no replies yet
Post ID: @OP+1pOZ7UEy

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 -

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| 1260 views | | 2 replies (last November 28, 2023)
Post ID: @OP+1pOOojts

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 

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| 1590 views | | 5 replies (last November 29, 2023)
Post ID: @OP+1pOwT8tG

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

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| 3750 views | | 16 replies (last November 29, 2023)
Post ID: @OP+1pOXoeWM

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 

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 !

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| 1650 views | | 4 replies (last November 28, 2023)
Post ID: @OP+1pOmjFss

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 

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| 2130 views | | 3 replies (last November 28, 2023)
Post ID: @OP+1pOow31X

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?

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?

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 

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| 4470 views | | 32 replies (last November 28, 2023)
Post ID: @OP+1pNuyBoS

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 

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| 2460 views | | 7 replies (last November 29, 2023)
Post ID: @OP+1pNbrqNq

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

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| 2780 views | | 3 replies (last November 28, 2023)
Post ID: @OP+1pNVyTae

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