I had initially believed that the management would exhibit kindness and courtesy. However, the reality has been starkly different. I've experienced an unprecedented level of poor treatment. Senior managers have been dismissive and disrespectful... — read more
Why did the Potential Benefit Value of unvested RSU's on Etrade go back to zero?
Supposedly E-trade was going to have the stock swap debacle straightened out by the end of this week, and when I checked my E-trade account this morning, the "Potential Benefit Value" for the unvested RSUs went from $0 yesterday to a substantial... — read more
Ops retention shares stand "cancelled" on E-Trade.
Any idea if these will these be paid (in cash) during full & final settlement?
What can you tell me about headquarters, office locations, and remote work?
Full transcript of HT's answer during Coffee Talk (may get deleted soon): "Work from home doesn't exist at Broadcom. I know, silence. No, it doesn't. We want you to come to offices. Now, having said all that, we don't have offices everywhere, and in... — read more
Lost access to VMWare and VMWare benefits site for impacted employees?
Wow, this is messed up. I received documentation that my role was eliminated by the acquisition but I was still on VMWare payroll and benefits through Jan 26, 2024. As part of the documentation, it stated that access to VMware sites and benefits... — read more
“terminated on paid leave” status
Terminated VMw employee….and expected to be “reasonably available” on paid leave through Jan 26, when severance begins. What does this even mean when all access has been cut off??? Email communications to ‘employees’ in this bucket seems to be very... — read more
For those selling avgo shares, how to make the cost basis correct?
It’s showing zero, which shouldn’t
People with full time offers and WFH
Just curious how those of you with full time offers AND WFH designations (due to office proximity) are feeling about the acquisition? I’m definitely getting the sense that there are two camps forming within VMware: The unlucky RTO camp And The... — read more
Another merger mess up. Non US residents affected
Anyone outside US has got charged Non residents withholding tax for the cash portion of merger as Vmware/BC have INCORRECTLY advised E-Trade to treat as Dividends. Make sure you raise with the stock admin team/help now case.
eTrade has not paid anyone correct cash value (partial shares)
The cash value for partial shares that were accepted for conversion, is still not deposited in Etrade. Lets say 31 shares were submitted for conversion to AVGO and you received 7 shares. Cash value related to 3 VMW shares (around 0.75 AVGO) is still... — read more
The irony of the situation...
In VMware I had a car allowance and I worked from home. Now, they suppressed my car allowance and I have to go to the office. Thanks Broadcom!!!
Does anyone know about the expedited RSU for 06/01/2024.
If you were getting layoff these RSU would be expedited and you would receive them. I'm wondering if this goes for transition employees as-well?
Return to Office is not evidence based
It's not based on metrics for how well we actually do our jobs. It's not based on any study. It's not based on a comparison of individual contributors during work from home vs working in the office. Let's just call it what it is. Return to Office... — read more
Broadcom stock potential growth
Just a discussion about how much this stock can perform in the future. I'm deciding if it's better to keep it or divest and put everything on my diversified S&P 500 ETF (on accumulation base) This stock is mainly driven by earnings, dividend and P/E... — read more
AVGO shares and cash cost basis
How is the cost basis calculated for the former VMW shares? On E-trade, I saw the cost basis for AVGO shares is $0, does that mean if we sell, all the sale amount will be taxable? Doesn’t seem right to me because we paid for the VMW ESPP shares and... — read more
Fidelity accounts
Has anyone received fidelity account info for RSUs vesting Nov and Dec if you did not have one before? (I am on etrade). Will it be emailed to personal emails? (If leaving vmware / broadcom)
eTrade cash for partial shares
The cash value for partial shares accepted for conversion is still not deposited in Etrade. Lets say 31 shares were submitted for conversion to AVGO and you received 7 shares. Cash value related to 3 VMW shares (around 0.75 AVGO) is still with Etrade... — read more
Employees in China still haven't received offer letters
Most teams were forced to RTO without getting an official offer letter from their managers a month ago and told to focus on their work. This is insufferable.
Any transition offers in EMEA?
Hi all, Did anyone receive or heard about any transition offers in EMEA? Reason why I'm asking is that although I got new offer, all communication coming from Broadcom indicate that there will not be any need for my role in couple of months and I'm... — read more
Good to see somebody is benefitting from this
Nutanix capitalizes Broadcom-VMware acquisition Hyperconverged infrastructure provider Nutanix reported a strong fiscal quarter for Q1 2024, riding on the opportunities from Broadcom’s VMware acquisition. Nutanix President and CEO Rajiv Ramaswami... — read more
RTO no later than Dec 4th - Really?
Seriously HT? You are not giving people enough time to make necessary adjustments before RTO. I have a routine for the past three years that I'm trying to figure out how to handle. I'm a single mom with three kids and also care for my dad who is... — read more
FYI - AVGO shares are available on etrade
After a week and $60 down per share, it’s there! Now I can sleep in peace.
Puppy
I’m going to use my severance money to buy a puppy. I don’t really care about BC or VMW lmao
Food for thought...(this is a sincere post, truly)
Broadcom have never competed against the public cloud, until now. Selling software is a beast, you’re going against the best. Selling hardware is transactional- it’s easy to sell when all you’re competing against is pricing. It appears to me that... — read more
How exactly do you define EUC in a selloff?
Lots has been written about selling off EUC, but how exactly do you define "EUC"; and what exactly are they going to be selling off? Sure, I could see them easily separating out the old Airwatch MDM and the WS1 stuff, but what about Horizon VDI... — read more
EUC Meeting today
Did anyone attend the EUC meeting today? Curious to know what Shankar's strategy is for this BU.
Will BC Force The Change?
I wonder if BC are going to be able to change VMware as much as one person at the top wants to. I’ve read all the comments and seen the articles online about the company meeting, back to the office and so on, but no one can force a culture change... — read more
Reject FTE
I wonder if there are people who refused FTE? I understand that conditions differ depending on the country, but I don't think I've heard of any actual examples yet.
Costa Rica Site
Does anyone know why the Costa Rica employees have not received a letter? Is the site getting closed?
Unvested VMware RSUs?
I can’t see anything about unvested RSUs on the FAQ. What will happen to those, are they terminated or will they be converted to BC stock with same vesting schedule?
What about the Sofia office?
Any news on the office in Sofia?
All smiles for Hock
https://www.linkedin.com/posts/hock-tan_connection-is-everything-this-week-i-hosted-activity-7136069393326735361-p2sk?utm_source=share&utm_medium=member_android Everyone in this looks like they are in pain from laughing so hard..... Or posing for... — read more
Who to blame for missing stocks, not deposited in Etrade ?
Who to blame for missing stocks in Etrade ? Etrade - charged the fee, but did not deposit the shares. AVGO or Broadcom - did not transfer the new shares. VMware - did not complete its fiduciary duty. Michael Dell - selling slowly and profiting. Us -... — read more
My week at a VMware Office has best since joining Broadcom - Broadcom GTO Support
You know it's bad when the IT staff sent from Broadcom are bragging about the VMware office vibe. Just speaking with them they mentioned that this week was the best experience they've had while at Broadcom.
anyone see or experience this?
https://www.reddit.com/r/vmware/comments/186rmu1/broadcom_why_are_you_laying_off_your_vmware/
Worst employee experience and migration I've ever seen
They had 18 months to plan this out? Makes you realize just how good Workspace One is...this is brutal. I would expect this from an HP or an Oracle but not from a company who wants to be a leader. Awful.
Payroll question for exiting employees
Where do I view the new paystubs for 11/30 and the next one 12/15 if my VMW login access was cut off? Do I still have access to VMW Workday? Also, where do I make HSA payroll deductions. Trying to hit the annual maximums and need to make a change... — read more
RTO e-mail is out…
They didn’t waste any time with that…
Here comes the RTO squeeze
My office assigned says remote on my letter and I'm still afraid they'll make me go in somewhere. I wonder how they will treat transition and how many people resign next week :(
GS will no longer support Tanzoo, EUC, ANS and SDE
No idea what ANS and SDE are, but they are part of getting spun off, clearly. "I wish you well for the future."