For those getting the boot, is the last working day 11/27/2023 or something else?
VCF Division name
To call the division as VCF seems strategic . It does not reflect the "VCF" product btw (but underscores the importance of the private cloud offering). What dya'll think ?
RSU Question
How do RSU's typically get awarded after your initial welcome RSU's? I understand that you might get 4 years worth of RSU's when you're hired, but then do they wait until after 4 years to grant you new ones? Or do they grant you more every year?
Betsy is laid off?
Hock realized her importance?
Raghu is given a transition offer?
From the email where other VMware execs have proper titles, wording regarding Raghu’s is pointing to a temporary role. What do you all make out of it?
Completion of purchase press release
Based on what came from the press release today. Seems like these are the priorities. I assume other products will be divested? “Incremental to Broadcom's investment in VMware Cloud Foundation, VMware will offer a rich catalog of services to... — read more
Which leaders/executives are leaving/staying?
On the VMware public facing website there are 28 senior executives, if anyone of them are not mentioned in the emails does that mean they are out? Think a couple may have left already and Finance was a stand in from the board after Zane quit
Well now we know what BU's...
are still being shopped around.... lmfao
VMware by Broadcom
https://www.broadcom.com/info/vmware
Welcome!
https://investors.broadcom.com/news-releases/news-release-details/broadcom-completes-acquisition-vmware
Now the fun starts. INTEGRATION
You think the pain of the acquisition was hard wait for the integration. Confusion, complexity, misinformation. Strap on your seat belts it’s going to be very bumpy.
Looks like China got their NVIDIA chips anyway
Story from Nov 9th https://www.semianalysis.com/p/nvidias-new-china-ai-chips-circumvent "When the US dropped updated AI restrictions, we thought the US locked down every single loophole conceivable. To our surprise, Nvidia still found a way to ship... — read more
VMware was so happy with Dell Spinoff….
"Who would've guessed the 'stupid box shufflers' are now playing chess with VMware? Checkmate or just another move in the grand IT drama! Spin-offs, acquisitions, and everyone's hoping for the next plot twist – the tech world's version of a sitcom!" — read more
WARN ACT
Do we know for sure this will be adhered to by Broadcom? Will they actually keep us on payroll until severance is executed 60 days out? Or will they just pay out a lump sum for WARN and severance? Seeing online that a lot of companies skirt the WARN... — read more
Are US employees without offers laid off?
I just read Raghu’s final milestone email and the way I interpreted his message was that those without offers in the US are laid off. Is that y’all’s understanding? Any clarification is appreciated
We are the next CA
Congrats everyone on winning the loser prize of the decade.
What happens to the vmw shares bought publicly after oct 23 ?
I bought vmw shares some time around oct 26th at close to $150. What happens to my shares tomorrow after the merger is complete ? I did not receive any option to convert to broadcom shares.
Best of luck..
Best of luck to all of the EMC sellers...whoops, I meant VMW.......... Politics are a B sometimes. It's unfortunate that AE's who never hit their number are offered comfort and life in the next chapter yet those who continuously overachieve will be... — read more
Stop bringing in FTC now…
Don’t start the FTC thing now. FYI, I didn’t get an offer. But, I’m happy that I have a conclusion and happy for my colleagues with offers. They have gone through enough already. Stop the negativity. Wish Broadcom well and move on in life. I’ll... — read more
FTC postponed approval
https://ts2.space/en/the-federal-trade-commission-postpones-approval-for-broadcoms-vmware-takeover/#gsc.tab=0 The FTC’s decision to postpone approval is based on concerns that the acquisition could potentially stifle competition in the market. The... — read more
When can we expect AVGO shares
Considering deal will be closed 22 Nov, Wats the ETA for VMW shareholders to receive AVGO shares.
Is this a risk for the deal?
Now I have no doubt the deal will close but even today's announcement I noticed the US is missing from the list of countries that approved the deal. It does say that "There is no legal impediment to close the deal in the US" But I found the... — read more
Thanksgiving unemployed
I can’t help but to think how unjust this world is. Always people with money win. I’m here thinking how will I make it through this thanksgiving knowing I won’t have a job on Monday to support my Family while Magoo and others collecting checks I will... — read more
Finally...
https://www.prnewswire.com/news-releases/broadcom-and-vmware-intend-to-close-transaction-on-november-22-2023-301994774.html
FTC will unwind the deal soon
USA has not approved the deal
What happened to China US Geopolitics and regulatory experts commenting here non stop?
I saw self proclaimed experts here blabbering daily about the geo politics, China-US trade war. The news is a slap on their face. Now go back to things you actually know about and do your job! Ridiculous self proclaimed experts on everything!
60 days on payroll?
For those that are being laid off in the United States can we expect an end date of Jan 21, 2024? This is the typical 60 days notice that is given. Losing the Dec 1 vest 8 days before is going to be brutal.
Happy Thanksgiving!
I am thankful for HT, MD and Magoo for getting this deal done! I can now take my severance and focus on my primary job.
Layoff %age?
10% 35% or 65% How many layoffs at VMware by end of close tomorrow?
People are only thinking about the stocks so cheap guys where is the passion and values?
I see people being so happy that the deal has closed, but just wonder about the people who have not got jobs now and are asked to leave.
Costa Rica layoff letters
Legal office has been asked to timestamp the letters, sorry fellow colleagues, number is in the hundreds :(
Deal closes what's next for Ireland
So the deal is confirmed to close tomorrow, what's the story with Ireland and getting letters? When will they arrive? Do I have a job tomorrow?
BC states it is closing on 11/22/23
Closing tomorrow. https://www.broadcom.com/company/news/financial-releases/61536