Hello Team, As you maybe aware, the UK approval from the CMA had been received and with the expiration of the US FTC deadline for objections, Broadcom is now effectively clear to close the purchase of VMware. Due to the US WARN act, Broadcom is... — read more
Explore keynote is disappointing
Speaker after speaker with stumbles and lack of genuine connection with audience.
Sr Support Services Manager - LinkedIn openings
I am looking around at potential jobs and see quite a few open positions for this. Why are they hiring for these rolls? Are people currently in these rolls leaving in preparation of the oct merger, or are they ramping up this team? I see the other... — read more
You've waited a year!
All I'm saying is.. you've already waited a year. If you left vmware and will be now missing oit on severance package it's your own fault. Not Broadcoms.
You've had a year.
All I'm saying is.. you've had a year to prepare for this. If you're impacted negatively by this it's your own fault. Not Broadcoms.
It's not going to be good
based on my experience with Avago(broadcom) , it wasn't good after a merger. They are known to ki-ling innovation and milk the cash cow. 85% of my former company were let go. Hats off to them for giving us 3 months warning and a package after. This... — read more
When will it start?
Will the major culling start before or right after the merger goes through?
Worried about wages for the next job? Don't be.
Powell’s Inflation Nightmare: Job Seekers, incl. the Employed, Suddenly Expect Massively Higher Wages in Job Offers The wages that job seekers – not just the unemployed, but also the employed looking for another job – expect to get in their job... — read more
With broadcom looming, should I accept a job at VMware?
I am waiting to hear back for a position in support services, but it seems like now is a bad time to go in- but why would they be hiring with all these pending layoffs?
I'm happy
It took long enough, but finally. I've heard about Broadcom and how good, experienced employees are treated there. I'm looking forward to it.
October 30th Close Date
https://investors.broadcom.com/news-releases/news-release-details/broadcom-inc-provides-regulatory-update-vmware-transaction
It's happening. VMW up 7% in premarket
AVGO $830*0.252=$209.16 VMW =$142.5 ($142.5+$209.16)/2=$175.83
It doesn't matter how you vote
"The Merger Agreement contains allocation and proration provisions that are designed to ensure that 50% of the aggregate shares of VMware common stock outstanding immediately prior to the completion of the Transaction will be exchanged for the Cash... — read more
Broadcom Centre Centric Culls
Just wondering with the CA & Symantec acquisitions, was there a trend across Geo/Centre?
Rebadging as a vendor (contractor)
There is talk of some of us will having to do this post acquisition. How does this work? Is this something BC will guide us through or will we be on our own to figure it out? I’m guessing we’ll loose all benefits when this happens, but assuming we’d... — read more
Simple poll on Raghu
If you approve of Raghu as CEO upvote this post. If you disapprove of Raghu as CEO downvote this post.
Any Director+ could confirm if these numbers are true?
From a deleted post on Blind: how many are going to impact on Aug 31st or later: CIBG - 15% NSBU - 27% Tanzu - 30% What about other BUs?
China reviewing deal
https://archive.ph/2023.08.18-182459/https://seekingalpha.com/news/4004433-vmwarebroadcom-spread-seesaws-amid-report-on-china-review-of-deal Looks like regulators will approve after BC provides remedies.
Every team is understaffed
Have you noticed that recently all people are complaining that their team is "understaffed"? while VMware headcounts didn't really decreased so much since a year ago maybe a few K people less? (like 2 or 3 K?). Maybe just an excuse to not do stuff? — read more
Any insight on Sales Teams?
I see photos of them partying on boats so I assume they're doing well? I could see Hock slimming the teams though.
What if you buy VMWare shares today?
Will you still be able to be asked to select either stock or cash?
The silence is deafening
Leaks from VP’s about notices… Emails from E*trade referencing close dates… Where is our fearless C suite? I guess they are still in bed, as it’s still early on the west coast, dreaming of all that $$$$$$$$$$$$$$$$.
At this point, getting laid off would be a blessing
I’m in engineering and it’s incredibly toxic, disorganized, and the people I work with are horrible. I used to panic about layoffs, but now I don’t care anymore. I’ve been getting knots in my stomach before meetings, palm sweats during 1:1 with my... — read more
Close Date on September 15th
Every employee that has VMW stock should have received an email from E-Trade. Close date is 5 business days after the deadline for the cash or stock election (which is September 7th). This is the date that Broadcom expects “in good faith” that the... — read more
August 31 layoffs
The latest rumors say we finally have our next date for cuts. It's Thursday and the last day of the month, so it would make sense. It would also make sense to clean the house before the acquisition is finalized. I don't usually buy into rumors, but... — read more
VMware Benefits
Does anyone recall if VMware benefits will remain for a year following BC acquisition? I thought I read that somewhere.
Senior Director and above meeting this morning
I believe there was a meeting of Senior Directors and above earlier this morning attended by Betsy. It was said in the meeting that we will know our fate at the end of this month (August). The usual 3 options: Gone, 6 month transition or Stay Did... — read more
EUC
Why so many haters? Maybe it’s because we will be spared from BC culling? If EUC is spun out or sold, will employees who do not want to join the new org get an option to choose severance?
Insights from Broadcom employees
Pretty much what we’re expecting: https://www.thelayoff.com/t/1nV16xBR
How about support?
The word from upper Management is that we're overstaffed - I caught wind of the number 400, so there hasn't been any hiring for months. They're in the process of redistributing resources across teams and cross-training employees on other products to... — read more
If you have to ask, you will be cut
People who are indispensable know it.
is there any way to know the head count per product?
For example. how many people are in NSX, carbon black, vsan, etc? I am sure each VP/SVP has the head counts but for those who don't have access to those numbers readily, is there a way to find out? one can look up the org chart and count it, but is... — read more
EUC officially confirmed going independent H1
Most likely getting set up to be spun off. Wouldn't make sense to stay in Broadcom independently IMO
Sales Bonus Questions
If we are laid off or leave for a new role before we are paid our H1 bonuses would be be forfeiting it?
M&A Phases
This is the first M&A process I go through, and I keep hearing the terms "discovery phase", "assessment phase". I appreciate this might be different depending on each company, but based on previous Broadcom acquisitions how many phases are there and... — read more
EUC layoffs or promotions
Are we having a bunch of layoffs or a bunch of promotions?
FTC closed door meeting this Wednesday
VMware/Broadcom deal spread widens amid notice of FTC closed door meeting https://seekingalpha.com/news/4002489-vmwarebroadcom-deal-spread-widens-amid-notice-of-ftc-closed-door-metting
How will we be told that we are gone
Just wondering if any of the previously acquired people from Symantec etc can shed any light on how you are told you are gone. Does your manager know weeks in advance that you are gone and they inform you on the day. Does your manager get any prior... — read more