https://www.businesswire.com/news/home/20231030004882/en/Broadcom-and-VMware-Provide-Update-on-Pending-Transaction
As uncertainty swirls, VMware closes its home for experimental software
As the world awaits news of whether Broadcom's acquisition of VMware will close on the target date of October 30 – an outcome thought likely unless China's State Administration for Market Regulation intervenes – the virtualization giant has made a... — read more
VMware, Inc.(NYSE:VMW) dropped from S&P TMI Index
https://www.marketscreener.com/quote/stock/VMWARE-INC-58476/news/VMware-Inc-NYSE-VMW-dropped-from-S-P-TMI-Index-45180631/
Try emailing firstname.lastname@broadcom.com if it bounces u know what it means
So group of us in slack channel gave it a try and turns out we got undeliverable for the people without offers. The other ones didn’t. Your mind will make you think oh maybe someone else in BC has that name,., it’s sad we hang on to hope but ya…. You... — read more
Go to sleep, folks
You staying up all night and stressing over things is not going to change anything - other than how exhausted you're feeling. If it happens tomorrow, it happens. If it doesn't, you'll be grateful you at least got some sleep to be able to better deal... — read more
Deal closes tomorrow
I bet 100 imaginary internet points that Hoc closes the deal without Chinese approval to save face. Any takers? I also accept social credit currency and pretend crypto.
How is everyone's Leetcode skill?
50, 100, 200, 500, 1000?
Why so hard for BC to face the reality
Deal has to be postponed. No need to struggle.
What will you be doing while the deal is delayed? And no virtue-signaling “business as usual” BS, please…
Assuming nobody’s gonna be doing a d-mn thing, other than: Job search Netflix and chill Travel Beach Golf Clean the house Organize the garage Rake leaves Etc…how you gonna pass the time?
DELL preparing for his big bounty!
The rich billionaires get richer with no regard to the poor proletariats... https://markets.businessinsider.com/news/stocks/michael-dell-technologies-stock-philanthropy-charity-vmware-broadcom-billionaires-wealth-2023-10
Another Toxic Week Begins
Here we are again starting another week of trying to guess what happens next. You're all wonderful people who deserve the right to earn a living without being in such a toxic environment. Wishing everyone good luck and peace of mind tomorrow... — read more
The Broadcom Acquisition of VMware: Legal Implications of Job Offers to H1B Visa Holders and U.S. Citizens
In the realm of corporate acquisitions, the recent acquisition of VMware by Broadcom has garnered significant attention. As with any merger or acquisition, the transition of employees and their roles within the newly formed entity raises various... — read more
If there is a delay in the deal closing, can you get another bite at the “decline and severance” apple…?
If you received an offer, and let the 3-day deadline pass to decline it/resign in order to take the severance option, is there any chance that 3-day window will be opened back up if the deal is delayed? Asking for a friend…
Fear and Anticipation – Broadcom’s Acquisition of VMware Nears
GlobalData: "The harsh handling of Broadcom’s last two software acquisitions, CA Technology and Symantec, has VMware customers nervous." https://itconnection.wordpress.com/2023/10/25/fear-and-anticipation-broadcoms-acquisition-of-vmware-nears/ — read more
Planning to use my PTO until this is sorted out.
I am planning just to be on PTO until this is all straightened out. Everyone else should do the same. Maybe if all employees just walk out, we will finally get answers.
Early in Career?
Hang on. This is gonna get juicy. You’re going to learn a lot about how business really works.
Deal will be postponed
Deal will be delayed. It will not be closed soon, and also it will not die immediately. In case it is postponed for one month, how the company can function with half with offers and half without...
Bad Input from Leadership could cost you your job!
BC asked VMW Directors to provide input on which employees should be offered FTE roles, transition roles, and immediate layoff. Some leaders tried their best to get their staff FTE roles, however, if your leader did not favor you or felt their... — read more
It‘s already 10/30 in China
And still no word from either company! Scandalous that they leave 37k employees in the dark.
The biggest sign the deal is NOT CLOSING tomorrow is vmware canceling the all hands.
The deal is definitely delayed, not closing tomorrow. Actually, it will never close. It's over. There is no other explanation why vmware cancelled the company wide all hands meeting at the very last moment without any valid reason. They thought China... — read more
Severance activates Monday
Assuming anyone that has not received a letter can claim severance as their only option tomorrow at 9 PST and hit the market for their next gig. No out for BC and they have to pay 2 months plus 1 week for each year of employment, correct?
Deal closes tomorrow. What time?
Assuming that the deal DOES close tomorrow. What time? Will I wake up a Broadcom employee or will I get to enjoy one more day as a VMware employee?
Michael Dell
All this $h!t because Michael Dell is a greedy........
How is BC with WFH exceptions?
I'm listed as a remote employee and got a FTE that states the same but does include the typical "if you live within a 50 mile radius of an office, you may be require to work on site". I live may 20 minutes from an office with no traffic, but went... — read more
What will happen to vmw stock on monday? Will it be suspened at NYSE?
Looks like China is not approving the deal. The deal is no way getting closure on oct 30th. What will happen to vmw stock on monday? It is still on schedule to be suspended from trading on oct 30th. https://www1.nyse.com/corporate-actions
China approval
It would be extremely surprising if Hoc would get the China approval on time, for such a big acquisition and especially in this tense environment. Moving forward without China approval is also a risky route. Qualcomm abandoned NXP since they didn't... — read more
What is Broadcom's work week really like
I've been writing software for almost 40 years and have been in the Bay Area for the last 30 years. Until I came to VMware I worked mostly at small/startup companies (e.g. an engineering team of 10 people was large). With everything I've heard and... — read more
BC's offering was nightmare and salary has decreased !
Could you share anybody who faced same situation ?
What if you no hear something ever
What if you no hear something after close? No FTE offer, no transition, no layoff email? Will still you be paid and expect to work?
Will I have access to Vmware on Monday?
I’ve been warned by more than 1 coworker to save all important files before Monday, or I will lose them. I have not received a letter, and would prefer not to on board with Broadcom
Staff1 offer is not bad at all
I am a staff1. no 20%+ base cut almost doubles the stock value in 4 years. base is permanent after 4 years, no stock price risk. it also impacts layoff package, important since we are in high risk in coming years. good for me when i jump to another... — read more
Demoted???
Has anyone received an offer and been knocked down a level, as per everything we have read from CA and Sym?
it is just round 0 for most engineering teams
so far we didn't see big hit to engineering team since bc is not sure how to do at this time. big hit will come like others mentioned. hate base cut.
No offer means lay’ed off
Does no offer letter means we will be getting layoff notices from VMware soon? Our team hasn’t received any offer letter from Broadcom & our director is clueless .. what to do next?
Not celebrating
Got the offer I wanted but not celebrating. I see really talented hard working folks got screwed over and some clueless and less than stellar workers get a full time offer. Also don’t gloat if you have a FT offer coz your workload just got doubled. I... — read more
How was VMware culture really?
As a Broadcom employee that is used to the lean business focused culture here, I'm curious what exactly are so many people worried about losing in VMware. After reading some posts and comments around here I am still not clear what the culture is... — read more
Severance Comparison - Now vs. Later w/Bcom
Seems to be a lot of confusion and differing interpretations for what the current package will be. This is what I understand…correct me if I’m wrong. (Note: This is for AMER; other geos may differ) If you don’t get an offer letter, or decline it: ... — read more