Not 100% sure, but $Avgo has gap from 480 to current $540. After very normal er, stock back to 440 to 480. Engineers will prepare to wrap up and escape like fire alarm.
This company are like The Sopranos
They come asking for money to give support. They threaten to withdraw support for existing devices if they are no the chosen SoC vendor. I work for a large broadcaster - these shysters are attempting to extort us for circa $10 million.
GTO email…
Another classic…I $hit my pants reading it….lmfao….
What will this company look like in the future?
What a relief after I gave notice. I really can't even imagine what all this will look like even in the near future, given all the people who are leaving. Soon this will look nothing like that former company.
I hate the office
In fact, what frustrates me the most is that everything I do in the office, I can do much faster and much better at home, where I do not have so many distractions. Does the leadership really think that any of the young talents will want to come... — read more
Big raises coming!
Finally after 3 years of no raises...get ready for a massive 3% salary boost!
Projects turning into nightmare
Even this last interesting project I was working on turned into a nightmare because the deadlines were so short that I just couldn’t enjoy the work at all. And so it is almost every time. Does every interesting project have to turn into a ton of... — read more
Bigly BSG News!
Hock is planning to announce that Mike Gregoire will return as President of BSG. After months of negotiations, Mike has agreed to return in exchange for a lifetime supply of padded spandex shorts.
No raise 2 times in 3 yrs
High inflation, we do not have salary increase? What a joke. :)
Today's surprise
So, what brought about today's surprising news? I'm sure it wasn't done out of the goodness of management's heart. Too many people abandoning ship? Or just a carrot that can easily be revoked by fudging the numbers come December.
BSG eerily quiet
something brewing....? can't be good.
Nuclear war will wipe out your RSUs
Now what!?
Outdated technology
It's interesting how much is being said here about technology, innovation, and the real truth is that Broadcom doesn't really care about new technology or innovation at all. Everything we have is obsolete. An engineer can only waste his time here... — read more
Name change for BSG..?
i heard there's discussion of a new name for BSG, to better represent the core values that we deliver to our clients. Apparently based upon a lot of deep, intimate conversations with our customers at all levels and angles. the proposed name is... — read more
Why do we need layoffs?
With results like this, why in the world do we need layoffs? Revenue of $7,407 million for the fourth quarter, up 15 percent from the prior year period GAAP net income of $1,989 million for the fourth quarter; Adjusted EBITDA of $4,547... — read more
More layoffs in ES and SED
Watercooler says lots of cuts especially ITC. Shocked it took so long
Skills eroding here?
Unfortunately, I didn’t start thinking about this problem on time. I needed a job and I didn’t think much about whether my skills would erode here or not. It is only now that I am looking for a new job that I become aware of it and regret that I... — read more
'Global benefit' chief: Broadcom buyout means pay your own way
Brocade wrongly sacked award-winning salesman who depended on company insurance for cancer treatment https://www.theregister.com/2022/02/02/brocade_salesman_unfair_dismissal_tribunal/
What are they afraid of?
Isn't it weird that the company would rather spend money on rapid tests than let us continue to work remotely? It makes no sense to me at all, especially when I know that most people, like me, are much more productive when working from home. What's... — read more
Why not just temporarily close some US offices already?
Prague all gets to work remote for 3 months but the US offices all need to have people in who can easily do their jobs remote! Meanwhile every day we get multiple emails about employees testing positive in our office and everyone is in a panic. The... — read more
What is their vision for the future of this company?
Because, as far as I can see, they have no vision. They might have a vision just for themselves, while for the rest of us, it is safe to say that their only plan is more cuts. It is a bit frustrating to constantly think about cuts, so their plans... — read more
More cuts coming soon?
Any truth to the rumors that we can expect more cuts sometime soon?
Management is ridiculous
Management at Broadcom is superficial, arrogant, and delusional. Every single one of them displays open favoritism and if you're not in their good graces, you can kiss your career advancement goodbye. Basically, if you're not an expert a-s kisser... — read more
Nice time to be in Irvine
Grab that APB and run on over to Apple if you've got the RF skills they're seeking: https://seekingalpha.com/news/3780930-apple-is-building-team-to-produce-wireless-chips-in-house-report Don't know what they've got planned long term but odds are... — read more
Dismal bonus for NIS/SED
NIS/SED division bonus this year was pathetic, less than 1/2 of what their division minimum was supposed to be according to APB docs. They trying to make people quit here in January so they have to lay less people off?
If you're being acquired, run like he-l
Run like the devil is after you. I was part of the first acquisition and it was brutal. And by now, literally everyone in my country has been laid off, including the people that thought they would stay to grab some of the RSU's. They will offer... — read more
New 10b buyback and dividend increase
No money and no interest in RD, constant layoff. I think hocker is prepared to wrapping up last piece cake from his 4 ys contract and dumping whole company.
We only hear about the large cuts
While everyone expects big cuts, it seems that small cuts are constantly happening here that are not talked about and that do not reach the media?
Valued much more since you started working bare minimum?
One day I told myself that it was enough and since then I have been working the bare minimum. I think most people who now work the bare minimum used to be top performers who realized that hard work is in vain. And what happened in the meantime?... — read more
Booster required now!?
Checked email this morning and they sent a comm over the weekend that they’re requiring the booster… See ya after that sweet bonus!
No more than two years
The longer you stay the more you fall behind. I was a longer term employee so I was really far behind. When I left for another company my comp increased 2.5x. That's not a good thing because it shows you how much money I've lost by not changing jobs... — read more
More layoffs after the holidays
Rumor is Symantec division gets hammered after the holidays. Can anybody confirm if this is true?
Things must be dire when it comes to job market
A friend found a job with better pay (a 15 percent increase) and when he gave his notice they drilled him on why he was leaving and offered to match the new pay. I've never heard of that happening before. He didn't accept, of course, but he was happy... — read more
New people making so much more than me even my directs! Will they ever adjust!?
Half my f team makes more than I do. I came from the CA acquisition...I am bringing in new people that make much more than me. More than half of directs for a fraction of the f work. I was at least 20% under then without knowing and now it's even... — read more
Broadcom Layoffs 2022
This thread is for info about potential Broadcom layoffs? Any chatter, news or rumors?
Pretending to be busy?
Sometimes it’s funny how some pretend to be much busier than they really are, but that seems to be the most effective strategy if you don’t want to be overwhelmed with a huge amount of work in this company. That’s a lesson I learned too late here. — read more
WFH/Remote Inconsistency in Different Franchises
In software, ESD people never go in the office and they're fine. Mainframe (which actually makes money)... they are all tracking people with badges and scary spreadsheets. It's the craziest thing I've ever seen! Are other franchises loose with WFH... — read more
Hock Tan's retirement scenarios
Dude is 68. Has plenty of $$$. When does he retire? Thoughts?