Topics regarding layoffs at VMware

Topics regarding layoffs at VMware

Have I read this corectly?

The deal was approved by China and they pushed the close date to the 12/13th of December? if that is true when will this nightmare end.

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| 1720 views | | 4 replies (last November 21, 2023)
Post ID: @OP+1pHPC3Gb

China asks for two SECRET conditions for approval

From: https://www-streetinsider-com.translate.goog/Corporate+News/China+Conditionally+Approves+Broadcom+%28AVGO%29+-+VMware+%28VMW%29+Acquisition/22439649.html?_x_tr_sl=zh-CN&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp China agrees but puts the following... — read more 

It doesn't matter if layoffs are coming or not

People are focusing on the wrong thing. You get nothing from guessing and expecting. You should be prepared to handle it if and when it happens. If you're prepared, it doesn't matter from that point on what's going to happen in the next week or... — read more 

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| 1100 views | | 1 reply (November 21, 2023)
Post ID: @OP+1pHDq7vM

"but in any event prior"

Just to remind everyone, from the Oct. 30 press release: https://investors.broadcom.com/news-releases/news-release-details/broadcom-and-vmware-provide-update-pending-transaction "SAN JOSE, Calif. and PALO ALTO, Calif., Oct. 30, 2023 /PRNewswire/ --... — read more 

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| 2060 views | | 8 replies (last November 21, 2023)
Post ID: @OP+1pHmY4yM

China cluster fu-k for private equity

Private Equity Firms Trapped in China, Struggle to Sell Assets Private equity firms that amassed more than $1.5 trillion of assets in China in just two decades are now struggling to offload once-promising investments they were counting on for hefty... — read more 

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| 1880 views | | 3 replies (last November 23, 2023)
Post ID: @OP+1pGqRtnS

What's the upside to extending / renegotiating?

To all who believe that the deal will be extended past Nov 26, or that if it collapses it will be renegotiated between VMW/BC, what's your reasoning? In my opinion (worth exactly what you paid for it) if Chinese approval doesn't come through, the... — read more 

No NYSE pending actions

Is it a sign that there aren’t any VMware related pending actions to suspend the stock? Or since they did it before does it continue to apply from the last suspension?

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| 1850 views | | 5 replies (last November 21, 2023)
Post ID: @OP+1pGlAPas

VMware Insider Trade

Prior to Broadcom & VMware's announcement that their $61B merger is progressing toward closure before a November deadline, efforts were made to reassure investors amidst a prolonged review by China. On Oct 4, lawmaker @KeanForCongress sold his... — read more 

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| 1910 views | | 4 replies (last November 20, 2023)
Post ID: @OP+1pGHyF1K

OpenAI letter to Board from their employees

Interesting letter to the board members asking them to resign from the employees. Management and board members need to be held accountable. It's been happening way too long across the industry.

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| 1480 views | | 4 replies (last November 20, 2023)
Post ID: @OP+1pGv94My

Paid to work

If you are still being paid, shouldn’t you still be working?

Likely this week for Announcement Else Not Likely

After spending sometime looking at original merger agreement and ref https://www.barrons.com/articles/broadcom-vmware-stocks-merger-delay-8ae0f7a2 the 3 extensions of 3 months each has been requested, and each extension was requested 5 days prior to... — read more 

Don't be naive

People who think this will be done this week just because it's November 26 on Sunday are incredibly naïve. That date is nothing but a formality. I'm guaranteeing you this will drag on into the next year. Don't expect to get any relief for a long time... — read more 

Unemployment with Severance?

Are we still eligible to receive state unemployment even if we get a severance package? I would assume one of the questions unemployment asks is if we received a severance. Do we still qualify regardless? Do we just say no to that question?

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| 1350 views | | 5 replies (last November 20, 2023)
Post ID: @OP+1pGOlBN0

Read the 10K

https://investors.broadcom.com/static-files/d2030782-0993-4f3a-89e8-0a6efd58c552 If you haven't familiarized yourself with the risks that Broadcom lays out, they're worth understanding. You can also do a search for "china" and better understand... — read more 

This M&A process needs to evolve..

Countries cannot just ghost the process. There needs to be time limits within which if there are any valid concerns, they needs to be resolved. It cannot be decided based on which side of the bed Xi is waking up on a particular day. I wish for the... — read more 

I'm looking forward to this being over

I'm tired of endless speculation, I'm tired of being stressed 24/7, and I'm tired of being stuck in limbo and unable to move forward and determine what my future will be like. And yes, I know I can quit, but only a fool would walk away from a... — read more 

What happened at the dinner table

Ray Dalio explains the Chinese position on Taiwan https://youtu.be/xK5TV-HnAp0?si=VwQ2dL5QuoMJjON7 All you semiconductor folks should look at this. Buffet invested in TSMC and immediately pulled out. He never does that.

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| 3250 views | | 8 replies (last November 19, 2023)
Post ID: @OP+1pEl7avY

Why do they set up a stock election?

Why didn’t the merger agreement simply involve 50% cash and 50% Broadcom stock instead of allowing people to choose? This way, there would be no election, no block of selling. Just execute the conversion when the merger happens, and people can sell... — read more 

What will likely happen next?

It is very much up to China to give the final approval by next week expected ard Tuesday or Wednesday. If this doesnt happen, since it is a shorten week the board will need to meet up on Nov 26th or after to extend the intent of both companies to... — read more 

After the 26th and post stock plummet

Shareholders should together pursue a material adverse affect lawsuit against Broadcom and sue for not only the termination of the deal and force VMware to exit, beyond the 1.5B in termination fees paid to vmware but for losses incurred for all... — read more 

Do it! JUST DO IT!!!!

Either way at this point..... just get it done/not done!!!! FfS. Leave us get on with our lives????

Magoo Email Provided Clarity

The email Magoo sent out this afternoon really provided a lot of clarity on where things stand. Grateful it was sent.

It's a done deal

Did you not hear the official line? Octane said he got all necessary approvals. Don's listen to rumors. If Octane says he got all approvals, that means it's a done deal! If Octane says China's approval is only slightly delayed for bureaucratic... — read more 

So the countdown begins....

We have around 4 working days maybe less with Thanksgiving to close the deal. Right now it's looking unlikely it will close by the deadline date. It's highly unlikely both parties will walk away from the deal, they are too far invested and can't... — read more 

Pat Gelsinger

Why is everyone against Magoo when Pat Gelsinger was CEO between 2012 and 2021 and considered to be an hero? One of the best CEO of the world? Is he now doing miracles in Intel been surpassed even by AMD/TSMC and still saying that RISC processors... — read more 

We need to do what's best for China and Broadcom

As you know, Chinese economy is suffering badly due to unprovoked sanctions and bullying from America. Broadcom is led proudly by Hock Tan who is ethnic Chinese. I see a lot of cruel and degrading posts about both China and Hock Tan here. This goes... — read more 

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| 2070 views | | 8 replies (last November 17, 2023)
Post ID: @OP+1pD7FgrU

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