been out of vmw for quite a few years, this news brought me back. I remember back in my days, monitor team was untouchable even though regular layoff hit almost all teams, protected by VPs/Fellows. Would it change under broadcom considering it's not... — read more
Stopping this deal
Is there a way for employees to resist this deal. Are there any govt provisions as it will cause mass layoff and its an impact to US and state economy. All the executives preach that its all good and what not. At the end, they walk with millions of... — read more
VMware-broadcom-deal-lack-of-synergies
https://seekingalpha.com/article/4515200-vmware-broadcom-deal-lack-of-synergies
WHY is VMW still actively hiring???
I see VMware is still actively recruiting people on LinkedIn. When management knows there will be massive consolidation ahead why are they still hiring people? A lot of people are going to leave their current jobs join VMW and then end up being... — read more
VMworld, SKO, TechSummit, gone?
Do they have major marketing events, internal enablement, team off site, annual year end party, etc? Or all these are gone? VMware has many folks doing global and regional roles. Are business travel common in Broadcom?
Dell makes out like a bandit. VMware management are suckers.
Dell forced VMware to make 2 big dividend payments to them the last few years, for a total of $20B+ worth of cash. They used the first dividend to take Dell public. They used the second dividend to reduce the Dell debt, and supposedly "emancipate... — read more
How much time do we have left?
A bunch of numbers have been thrown around. Anywhere from 6 months to a year. I assume the 40 day go to shop period might add some time? How rapidly does this company jump into cutting staff? As in do they start chopping the first day after close.
VMware divisions of interest for Broadcom
https://www.crn.com/news/cloud/broadcom-to-rapidly-shift-vmware-software-licenses-to-subscriptions Given that these are the key focus areas for Broadcom which VMware teams fall under these areas? Key areas: vSAN, vSphere, vRealize... — read more
New Hire BDR?
Recently hired Business Development Rep, will I be let go?
RSU - accelerated vesting and layoff
A common policy at a lot of companies I know is that if you're laid off then the next tranche (or sometimes more - but at least the next vesting) is accelerated and vest immediately. Based on prior experience (CA and Symantec) do you think this is a... — read more
Broadcom says $8.5B margin goal for VMware => means likely 17K job cuts at VMware
If you read the projected synergy plans for Broadcom on VMware, they said that their goal is $8.5B in operating margin in 3 years. VMware operating margin today is $3.5B. To get an incremental $5B in profitability, its not going to come from revenue... — read more
What will happen to recent hires and pending hires into VMWare
VMware has been hiring across its divisions both in US and India. They still have whole bunch of openings to be closed by hiring. Many people would have accepted VMware's offer and in notice period in their current company or just recently joined... — read more
Will Tanzu get a hit?
Though Tanzu sounds exciting, most of its products are in an emerging market category. Namely, Tanzu observability, Mission Control etc. However, they’re key to a multi-cloud vision. Will Tanzu ecosystem get a chop from Broadcom?
Resume writers
Anyone use a resume writing service. Been awhile since I updated mine and wondering if it's worth it with the news
Take the weekend to digest what happened
The fact is that a lot of us won't have our jobs at VMware six months or a year from now. Take the weekend to talk to your partner, do an inventory of your finances, go over your expenses, and figure out a plan for the future. You don't need anything... — read more
EUC to be hit hard?
seems like execs at broadcom don't really care about this BU?
VMW Q1 was bad, the stock price may have collapsed to $70, but Hock Tan saved the day offering $140
Marketwatch says VMW Q1 earnings fell short of estimates https://www.marketwatch.com/story/vmware-q1-earnings-fall-short-of-estimates-as-suspension-of-russia-business-and-currency-movements-weigh-2022-05-26. 3% revenue growth is bad, when the Street... — read more
How will Broadcom evaluate people?
Will the new owners effectively evaluate people, or will the PEs who have never written a line of code, or the senior staff that keep making cr4pware or the other senior people who haven't delivered results after many years of self-promotion be kept... — read more
I couldn’t even imagine this happening
Even in my wildest dreams, I could not have imagined a scenario like this, AVGO acquiring VMW. Could you? I’ve noticed that there are a lot of people on social media who say they’re not surprised at all because according to them the company has... — read more
SBU: Carbon Black vs Symantec
These acquisitions bring some redundancy in the portfolio. What could be the outcome of Carbon Black inside Broadcom when CB Endpoint, Worklod and Container protection portfolio is currently better than Symantec’s? Do you think it will get axed... — read more
Top performers will love this deal
If you're among the top performers you don't have to worry about being laid off or losing anything. In fact, you'll make out like a bandit. You can say a lot of things about Broadcom, but the company knows how to treat its top talent and how to make... — read more
How can Broadcom grow VMware to seriously compete with Red Hat?
I wonder what you think? This is an excerpt from the article: https://www.fierceelectronics.com/sensors/broadcom-milk-vmware-dry-analysts-see-trouble-61b-deal To grow VMware would require Broadcom to invest in growing its... — read more
First round of layoffs approx when?
So they expect the acquisition to close in FY 2023 which is Nov '22 to Oct '23. Given this what sort of timeline can we expect to hear about job and status? Guessing mid Q1 2023? around Feb maybe?
Some of you will worry yourselves to death
If you continue stressing like this from now until the deal is finalized - which will not happen for months - you'll be popping Xanax like candy by that time. Things will change, that's for sure, but there's nothing you can do about it. Your mental... — read more
Broadcom Software will be rebranded as VMWare ....
Interesting ..... I don't think that will change anything in their M&A strategy though.....
This was Michael Dell's strategy ALL along
Why do you think Raghu was chosen by the board to serve as the new CEO? What are his leadership skills? He is depressing to listen to, with zero energy and zero inspiration. Exactly what you would expect from a CEO and not a person who should be... — read more
This is about the worst thing to happen to us at VMware
Wonderful Company. Wonderful culture. I've been in this business for 20 years. I've been at many tech firms that were just totally brutal and cut throat. VMware was not that and was such a unique company that really put a lot of emphasis on treating... — read more
Good place to get context...
last year in November the Broadcom Software Group did an investor day call. Clearly describing their business model. it's in their Investor Telations link. listen and draw your own conclusions. im sorry we acquired you guys and have to go thru... — read more
Pay cuts
I understand that Broadcom cuts benefits, but what about pay?
What has happened to the Channel/Partner teams after a Broadcom acquisition?
Does anyone have any knowledge or experience as to what was done with the channel or partner teams at Symantec or CA after they were acquired?
Whats the UK atmosphere like at Broadcom?
Whats the UK atmosphere like at Broadcom? How many staff? What are the Offices likes? Is the UK an Office or WFH culture? Do you have any say or dictated too by the US? Mainly Government or Private sector customers in the UK?
Don't expect to have any job security under Broadcom
They acquired Symantec more than two years ago and they're still cleaning house, or so I've been told. Two and a half years of near-constant cuts. It started with major layoffs and turned into small surgical cuts, but it's still happening. I have no... — read more
Look at the companies that have been acquired by private equity firms
Broadcom acts in a similar way with the companies it acquires. This includes cutting all the costs it believes it can get away with cutting to improve the bottom line. This means that in addition to layoffs (which will be major but not bad enough to... — read more
Some will gain , most will loose !
What I have observed from Symantec is those servile folks who cushion up to the higher up bosses will be held back and will get the much needed coverup from a lay off The top guy in your vertical and a few around him get the final say ! If they... — read more
Broadcomguy Thread (buried below)
@OP+1gTMqgMW or https://www.thelayoff.com/t/1gTMqgMW
24 hours into this, how do you feel?
I am stressed out but not angry or upset. It'll work out no matter what. I dislike uncertainty and I just hope things settle down quickly.
Product vs Product
What happens when Broadcom has a product and the company it’s acquiring has a product. Does the company it acquire lose out?
New Grad Propel Candidates
Anyone knows what will happen to new grad Propel Candidates? When the deal finalises we will have like 2-3 months of experience in a team. Will we be let go as well immediately?