I figure this question comes up in the minds of many employees, now that nothing is certain and now that chances are that many of us will be hitting the job market. They say the most important thing is to know how to sell yourself. Do any of the... — read more
Wait for the severance
Yes, a whole bunch of people will be sacked, we all know that by now, but I think those who're telling everybody to leave right now are making a mistake. Why leave and not collect severance? If you've been here for a year or two, that's one thing... — read more
Anxiety and stress
Maybe this is all too stressful for me because I’ve never been through this before. However, most of the colleagues I work with have previous experience already, and some have even gone through acquisitions in other companies several times, but... — read more
How to stick it to Broadcom
Here's a different type of post, for those who have accepted the inevitable. Want to stick it to Broadcom? Disrupt their business model. How? Create technology and/or process to successfully help Broadcom's top 600 customers, migrate off of... — read more
Layoffs phases
Does anyone know when the layoffs might possibly start: right after the acquisition or perhaps even a little earlier?
VMware Customers Could Bolt After Broadcom Acquisition
https://www.datacenterknowledge.com/cloud/vmware-customers-could-bolt-after-broadcom-acquisition
Advice to VMWare Employees
As an employee who been part of many Broadcom/CA style buy outs I would like to give some advice to the employees of VMware on how to handle the buyout. Don’t believe the “it will be ok” BS. Update resume, references prepare for mass layoffs... — read more
I wish some of you would stop telling us to relax
This is a big deal. For the majority of us this could bring life-altering changes. It's normal to be nervous about it and it's normal to want to know more even if realistically we're aware that we won't have an answer for months. Enjoy your life in... — read more
Advice to VMWare GMs
As an employee who been part of many Broadcom/CA style buy outs I would like to give some advice to the GMs of VMware on how to handle the buyout. DO NOT PRE-layoff unless required. You think you will look better to Broadcom or show you can... — read more
Tenure - VMware employees who will get a job at Broadcom
Does anyone here know if a VMware employee gets a job at Broadcom, will their tenure reset? Or, if the employee has been with VMware for 5 years, will the tenure at Broadcom start at 5 years?
Should the US government regulate this behavior?
Should a company like Broadcom who pays approx 21% corporate tax rate (while you pay more like 35-45%) be allowed to continue buying companies and laying off thousands of employees? It is also my understanding that a lot of these companies hide from... — read more
How many to be laid off day 1?
It is clear that Broadcom will cut 70% of VMware staff. But that is the goal in 3 years. How many do you think will be cut on the day 1? My guess is 25%.. that is 9k employees!! HR, GA, corporate marketing, some sales, some marketing and product... — read more
Huge cuts are unavoidable
VMware management is going to say whatever they need to say to try and keep employees calm and not bolt for the door. Execs will make millions in change in control. The most important question is this: Broadcom has said they want to take VMware from... — read more
We're going to see the worst of it
Can we assume that the U.S. positions are going to be hit much harder than the rest? Europe has better employment laws that protect their employees and most of the employees at South America and Asia locations are cheaper than us. That leaves us as... — read more
Everyone just needs to relax.
No one knows for sure what's going to happen, or who, or what is getting the axe! Remember this, your work colleges are not your friends they are acquaintances, and everyone has their own angle and agendas. You will be fine, all will be okay. You... — read more
Don't expect to hear much about the acquisition in the next month
The deal includes a go-shop provision which means that VMware has anywhere between 30 and 60 days to solicit other bids. While that is happening, the deal will not move forward. Basically, it's business as usual until the go-shop period expires... — read more
What would you prefer?
Would you rather know tomorrow even if the answer is you're going to be laid off or do you appreciate having a few months to prepare for whatever might come? Considering that I'm here on a Saturday morning not able to let this go, I'm firmly in the... — read more
Paragraph from one of the analysts…
“There is one revealing piece in Broadcom's filings: within 3 years after closing, Broadcom expects VMware adjusted EBITDA to jump from $4.7B in FY 22 (ended in January) to $8.5B. One cannot hope to reach it without massive cost-cutting, not unlike... — read more
Please read statements by Krause in this article
https://www.bankinfosecurity.com/broadcom-beefs-up-security-business-61b-vmware-buy-a-19142 Read the last sentence by Krause... Does it mean that Broadcom will actually invest in sales and marketing? Also by 'modern applications" what does he mean?... — read more
So tired with all this
I’m exhausted with all the chat here. It’s so depressing. I just hope everything starts to settle down as we could be in limbo for a long time. We should work to get through it as best we can.
Toxic next few months
I absolutely agree with someone who mentioned that the environment will become more toxic in the coming months because of those who will try to keep their job in every way, I hope I'm wrong though... The atmosphere already feels different.
Broadcomguy posts - 56K views lots of useful info
@OP+1gVj5xJ2 Bumping up this thread as someone tried to organize his posts.
VMWare Professional Services (PSO) - What will happen to it?
VMWare Professional Services (PSO) - What will happen to it?
Individual contributor bonus
As our "individual-contributor" bonus is paid in April, I guess that if we will be lay off before this month we will not receive anything right?
Recently hired - first to go?
I recently came to VMW. Colleagues advise me to start looking for a new job right away because in their opinion it could happen that last hired is first to get laid off. Is that really so, or is the role of the employee more important? Has... — read more
Continuing the WFH debate
Continuing the WFH debate... Just do the math, guys. If you reduce VMware to only 30% of current employees, which will not happen overnight, does Broadcom have office space readily available to sit 12,000 heads under one roof? I doubt Broadcom, or... — read more
Who wants to stay after the acquisition?
Everyone here is panicking because of the uncertainty of what will happen next and how they will be affected. This is understandable, especially given Broadcom's reputation when it comes to acquisitions. When I read some of these threads, it seems... — read more
Does VMware own or lease their Headquarters?
Just curious how VMware handles their office real estate. Are offices owned or leased? How many people work out of the HQ in Palo Alto ? Is it mostly empty because of wfh ?
change in control contract
is this the change in control contract that the vmware execs have? https://contracts.justia.com/companies/vmware-inc-2181/contract/231060/
VMware Says Broadcom Acquisition Won’t Be Like Symantec, CA
“Let’s not assume, I would say at this point in time, that just because they have done what they have done with Symantec and CA [Technologies] is something that they intend to do with VMware because we’ve heard quite the opposite so far , ”Said... — read more
Stock Payouts
Assume I and others are laid off, what can those of us with VMware stock expect from Broadcom? Are they offering to pay the full $142 per share?
VMware Cloud on AWS Outlook
How safe would you say VMC on AWS is post Broadcom? Along with Google Cloud VMware Engine, Azure VMware Solution, and other hybrid cloud infrastructure?
Severance expectations
For those that are let go and have less than a year with VMW can we expect 2 months + 1 week which I believe is the current standard severance in place.
The culture at Broadcom is a culture of fear
First off, the culture at Broadcom is a culture of fear. Fear of when you will be laid off, fear of when the next shoe will drop. The employees have no time to gossip or be political, so while that may seem bad, you don’t have to deal with drama. I... — read more
Broadcom or VMware severance
Once the acquisition is finalized (and assuming we are not laid off before that happens), will we be entitled to VMware's or Broadcom's severance? From what I've been reading, Broadcom's severance leaves much to be desired, so that would not be the... — read more
Good discussion by Industry analysts
Some interesting discussions on the future of this deal... https://www.youtube.com/watch?v=0K9z5Bee3VU
Market is very competitive
I have already started looking and it is immediately clear to me that it will not be so easy to find a new job. The companies I took into consideration for my potential new job have significantly slowed down hiring. That is why I think it is better... — read more
Productivity dropped sharply
Admittedly, I can only speak on my own behalf, but once the news of the acquisition was confirmed, I have no motivation anymore to do even the bare minimum. Yesterday I barely finished the work I had to do. I don’t believe there are many people... — read more
Broadcom Guy's Thread
The main thread (50K views, 200+ replies) is here @OP+1gTMqgMW or here https://www.thelayoff.com/t/1gTMqgMW
8 Months (Feb 2023) Until D-Day per Internal Document?...
On another site, apparently there was an internal document floating around that they have February 2023 as the day the takeover goes through. That sounds a bit ambitious. Little Symantec did take 3 months, but larger CA technologies took 6 mo. ... — read more