Vmware mass layoffs

[Moon_Walker]

From Blind

It is depressing to see many (50+% of 35k+ ) have not received any offer frm Broadcom as part of the acquisition/merger of vmware. Exact numbers are not out,  thousands will have no job in coming months.

Edit: additinal info:
My entire BU has seen retention of closure to 95+% very few didnot receive and the mgrs have confirmed it is unlikely the rest would get the retention offer.

Fyi below is a reference on waves of offer letter that were sent. Internal talk is around 18k offers were sent and rest were not and some  BUs have not seen single offer due to some other plans for those specific units.

[Anta Assamey]

Merger lo general ga legustayi but most often not immediately...

[AndhraneedSCS]

Usually mergers lo 1 year no layoffs after closing ani clause untadi. Not in every merger though (for example Twitter) 

[Paamu]

16 minutes ago, AndhraneedSCS said:

Usually mergers lo 1 year no layoffs after closing ani clause untadi. Not in every merger though (for example Twitter) 

bad example bro if Musk gaadi actions aythe

[psycopk]

@Sonu_PateI idi news post chese padati.. billing counter gadara evaro gusa gusa kadu

[Skn_benami]

Vmware played a cunning game anpistundi. They sold company slightly below value and now the parent company a.k.a broadcom will take all the blame for layoffs etc. 

E process lo C suite antha grabbed a golden parachute and left or still doing reorganization time pass. Loss ayindi as usual employees. 

[Sharmilaaa]

papam bay area uncles ki padindhi 

 

[Hitman]

5 minutes ago, Sharmilaaa said:

papam bay area uncles ki padindhi 

 

They get good severance ...most of the time they buy houses with severance packages... 

[Sharmilaaa]

3 minutes ago, Hitman said:

They get good severance ...most of the time they buy houses with severance packages... 

max 3 months istaru 3 months pay tho bay area lo house kontaraa unclle 😀

[Sonu_PateI]

1 hour ago, psycopk said:

@Sonu_PateI idi news post chese padati.. billing counter gadara evaro gusa gusa kadu

I posted all this on Monday, no one believes me Anthe I get first hand news before layoffs 

[ARYA]

2 hours ago, Anta Assamey said:

Merger lo general ga legustayi but most often not immediately...

Ok

[ZoomNaidu]

2 hours ago, Skn_benami said:

Vmware played a cunning game anpistundi. They sold company slightly below value and now the parent company a.k.a broadcom will take all the blame for layoffs etc. 

E process lo C suite antha grabbed a golden parachute and left or still doing reorganization time pass. Loss ayindi as usual employees. 

Ledhu Vmware folks already knew 1 yr back this day is coming ani … Broadcom mundhey cheppaaru internal ga massive cutdown ani..

 

 

[Paamu]

3 hours ago, Skn_benami said:

Vmware played a cunning game anpistundi. They sold company slightly below value and now the parent company a.k.a broadcom will take all the blame for layoffs etc. 

E process lo C suite antha grabbed a golden parachute and left or still doing reorganization time pass. Loss ayindi as usual employees. 

It’s always employee fault especially during merger you expect layoffs - even if you are a vp and contributed in building the company. 

[Funkops]

4 hours ago, Moon_Walker said:

From Blind

It is depressing to see many (50+% of 35k+ ) have not received any offer frm Broadcom as part of the acquisition/merger of vmware. Exact numbers are not out,  thousands will have no job in coming months.

Edit: additinal info:
My entire BU has seen retention of closure to 95+% very few didnot receive and the mgrs have confirmed it is unlikely the rest would get the retention offer.

Fyi below is a reference on waves of offer letter that were sent. Internal talk is around 18k offers were sent and rest were not and some  BUs have not seen single offer due to some other plans for those specific units.

Will the merger go through?

[ZoomNaidu]

1 hour ago, Funkops said:

Will the merger go through?

Already merged bro.