Broadcom CEO announces layoffs through obscurity.
this post was submitted on 03 Dec 2023
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Constructive dismissal
Goodbye talent
Either they've already inked special exceptions with their top talent, or those guys are about to leave.
Can't imagine it's too big a pool of engineers at the very top of virtualization technology.
On the other hand, they must think VMware portfolio is a rather stable set of solutions, while the bulk of innovation is moving towards kubernetes like solutions that they don't want to follow, as they are late and don't want to invest to build the know how.
They are considering to transform the business model more like oracle, sap, cisco, where the core business is sales not innovation. Their plan is probably that they have such a strong position in the market that talents are not needed, just average people who can patch out stuff somehow.
I have too much technical experience to agree with them that this is a good call. I believe it will be a disaster on the long run. But their background is clearly different, and they saw on the market a huge amount of successful companies with such business model. First among all pre-nadella Microsoft.
They'll squeeze 5 years of blood from entrenched customers. That's enough of a win.
The absolute disrespect for workers. Why talk to them this way?
Because they don't see them as people, they see them as disposable assets and resources.
Sloan School of Business... Every worker is a cog. Every worker must have a very narrow job to ensure replaceability and low wages.
VMware is on death row.
VMware is not on death row. VMware is already dead. It no longer exists. All that's left is an entity possessing its corpse.
Fair argument. The brain is dead but the body is still animated. Roting parts will start to fall off soon.
That way of treating the younger generation won't fly. The boomers put up with it, even some gen x. But the millennials and zoomers are all about workers rights. This dude is about to find out.
I fear that enough people will keep working that it won’t matter.
And they will, but a huge difference in innovation when the majority don't want to be there. Quality will probably start to dip first. Then attrition will rise slowly. It won't happen over night butbas the market improves, the bleeding will begin.
So time to devalue their company after purchasing? Aiming for tax writeoffs?
Literally trying to get people to quit so they don't have to fire them because it is more expensive.
I'm sure that's part of the plan, but this counts as constructive dismissal in most jurisdictions. IOW, they are entitled to unemployment benefits.
The ones that simply find a better job are a different story. That's the Dead Sea Effect.
git out.
git commit -m "So long, and thanks for all the fish."
To quote a line from Star Wars, "This deal is getting worse all the time!"
That's one way to execute a layoff
Guess which of your competitors offer remote working and has a product that smokes you?
Haven't touched VMware for years Hyper-V does everything I need.
Now with Azure I don't even need to manage the virtualisation just use an arm template to spin something up in 2 secs. I know Azure compute uses something based off Hyper-V, haven't really used AWS, does Amazon use technology from VMware for their virtualisation?
AWS is all in house but similar to open stack. Enterprises use VMware. But that's been dropping a lot for like a decade. Containers won a long time ago.
This is the best summary I could come up with:
After completing its $69 billion acquisition of cloud computing company VMWare, Broadcom CEO Hock Tan issued a direct order to his new employees about where they must work.
Insurance company Farmers Group faced an outcry from employees when new CEO Raul Vargas reversed his predecessor’s remote work policy.
In KPMG’s annual CEO survey, 90% of respondents said they’d reward employees who make an effort to come into the office with “favorable assignments, raises or promotions.” Others have tried to spin it as a necessary sacrifice for the greater good of the company.
“You might be able to execute your work on time and to standard in a remote environment, but what about your colleagues?,” wrote Jake Wood, CEO of software company Groundswell, on LinkedIn this summer.
While Tan admitted ERGs, which provide support for groups of underrepresented employees, weren’t part of Broadcom’s culture, he said he was open to them.
Many of Broadcom’s employees will move into VMWare’s Palo Alto, Calif. headquarters, which ironically had been largely empty thanks to its longstanding remote work policy, according to the San Francisco Standard.
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