Can't disclose source, but we expect hedge funds to offload significant amount. Expecting stock to drop new 110 in short term. Whoever needs money, probably better to sell now and buyback cheaper. Good luck
Changing 50 mile radius remote rule
Is anyone hearing that they are going to remove the 50 mile radius rule for remote employees and those employees will be told to find an office location to go to or be assigned one without choice of location?
What’s going on at Omnissa?
Are they growing or reducing workforce similar to BC? How’s their termination package?
So many rounds of layoffs at VMW and BroadCom, is anybody even left over there?
There have been so many rounds of layoffs, so many "we didn't make numbers so we are letting more people go" and it's not been reported in the media, but I have a serious question for everybody. IS THERE ANYBODY LEFT AT VMWare anymore? :(
Blatantly racist people
I really admire how absolutely blatantly racist the people on this forum are, and those who are currently employed within VMware. I would say I was shocked if it were even remotely shocking. Keep up your xenophobia you’ll do great in the rest of... — read more
How quickly severance payment is made after seperation date?
It has been three weeks since separation date, but I still don't see severance package in my bank account. How long did it take for others?
Stressful environment and utterly hectic schedules
How is everybody else dealing with this? I don't have an issue with having a heavy workload, but expectations here are ridiculous.
Broadcom high level folks useless
I love to see how useless high level folks at Broadcom are. Most folks I see work on 'features' started since 2018. Same folks in Amazon would probably deliver the same for a month, how with such extremely low productivity HT can offer so many RSUs?!... — read more
Raghu to Intel
Been hearing Raghu will be new CEO of Intel after Pat like VMware.... then Hock will swoop in hehe
Gelsinger 2.0: Another Story of Failed Leadership
Chip maker Intel plans to lay off thousands of employees this year and pause dividend payments as part of a broad cost-saving drive more than three years into Chief Executive Pat Gelsinger’s turnaround effort. The company’s stock fell 20% in... — read more
News Flash - Layoffs are never ending
Is there even a point to this website for a company such as this?
PG at it again
Not content with blowing a giant hole in the bottom of the VMware boat, PG is now driving Intel full speed into the wall. The dude doesn't know how to do anything other than try to buy his way into relevance, and then slash spending to try and... — read more
Feel happy to see stock down
Even tho I have 5000+ unvested RSUs (and they probably will never vest anyway) I feel happy to see downfall of this trash company. Even with so many layoffs, wall street knows they can't expect any innovation from us, but only cost reduction
In the end...
When all is said and done, those employees that have made and continue to make VMware by Broadcom successful in spite of itself will eventually get canned , and the shareholders will make huge profits considering the change necessary optimization. ... — read more
SDE All Hands
Absolute disaster of an all hands yesterday. Division leader no show to discuss lay-offs. Other leads wanting to crack jokes. It’s not a nice place to work anymore. A pure clown show.
Is the partner director the worse role at VMW?
Does anyone else think this is the worst role at VMW? Nothing like having management that does not understand how sales work and only worried about forecasts.
Voluntary separation option
Hi folks in EMEA, is there a way to request voluntary separation agreement? If this helps, I am in Sofia.
Next Round - Remote Workers?
I hear that for the next few rounds of layoffs, will be targeting remote workers. Has anyone heard similar stories?
A message of hope: The Grass Can Be A Bit Greener
To my fellow VMware colleagues who are holding on tightly at Broadcom, terrified of leaving, but horrified at the “new reality” and not really happy just resting and vesting… I’d like to share my story as a glimmer of hope of one possible path... — read more
No bonus for Tanzu?
Rumors are that the bonuses for this year for this division will be 0.... any confirmations?
Bulgaria layoffs
Hi, I wanted to check with you folks if the layoffs are over for this year? I am way too stressed and not many alternatives in my location.
CPM Layoffs
Heard a rumor CPM’s were next on the chopping block with layoffs coming soon. Does anyone know if there is any truth to this? I was moved to the CPM team with the acquisition and my workload has drastically reduced (maybe 1/10th of the work as... — read more
TPM layoff?
When are TPMs getting layed off in the US?
For how long will this sh-tshow last?
I don’t even know why I’m still hoping to hold on to this job.
Delay layoff process
Hi folks, I was recently laid off (Europe), is. there a way to delay the end date so that I can get my RSUs vest?
Layoffs will continue for the next 10 years
Till HT finds no one to fire but himself
Spain
Anyone got hints on 2nd round layoffs coming for Spain? When, Who or What BUs?
Layoff package
What are the terms of your layoff package? Was it as good as what the first round got back in Nov 2023?
Laid off Sofia swe
I just received my layoff notification during a meeting. After many years as a Staff Software Engineer in the Sofia office, my time at Broadcom has come to an end. The job was challenging and required many hours, but I never complained about the pay... — read more
So much for that
I remember when people tried to convince us that we'd be good if we survived the initial, post-acquisition culling. That worked out really well, didn't it?
SDE division layoffs
a lot of the SDE division being layed off currently across US and emea. APJ to come? Upper management and execs silent of course and haven’t explained their rash decision (outside the obvious cost saving reason). Can anyone comment their region... — read more
Netherlands, New Contracts and benefits
For those who are not impacted, what will the process look like? Are we going to keep all of our benefits such as car allowance, WFH, etc.? Can they change the terms of our existing contracts unless they provide something better?
Is this correct?
Layoffs will continue till Oct 23rd. Don't take it lightly. Every week there will be cuts. Please somebody tell me this is not true.
Sofia office further reductions?!
Hi, I got laid off this week, I've heard from my director that there will be few more waves of layoffs is this true? What sh*thole Broadcom is, job market here is horrible not sure how to find something good ffs. TC ±125k euro
Layoffs update
Do we know how many today? Which BUs have been hit the most?
Omnissa india closing
When would EUC india spin off be completed ? Could there be any more layoffs post india close ?
Netapp layoff rumors .. hock tan next acquisition target to combine with vmware?
Deep technology integrations and 20k shared customers. Broadcom can dominate ai inferencing / enterprise AI with chips, networking (brocade), vmware and netapp storage + RAG? Netapp 6.5b revs and 1.5B free cash flow that can go higher.
When hiring will resume
Folks when can we expect hiring to resume in Europe?
SIP repayment
For those who were apart of the SIP (Sales Incentive Plan) and left Broadcom on their own will, did they ask for repayment as they promised?
Rumor is: Layoffs occur Thursday
Managers have a mandatory meeting tomorrow, probably to find out who is impacted.