Looks like there are plans for major layoffs at Broadcom in the works in the next several weeks to a month. And apparently nobody is safe. It's great to know we have one more thing to worry about when things are extra stressful as it is. We'll see... — read more
Topics regarding layoffs at Broadcom Corp.
320++ once upon a time to 195$ - is octane having a sound sleep at night after all the hype around shares ... expect layoffs
BIG layoffs (30-40%) by end of April announced for acquired Symantec Enterprise support organization. Existing managers to get the axe. Pity the customers.....REAL Internet security will tank!
Comment in this thread - it'll be the main thread.
What's your guess on how many employees the company will have before the end of the year? How about the overall headcount? And headcount at Irvine?
People are quitting on their own ! Just realised what a horrible acquisition this was for Symantec. No strategy , no vision , no focus on being a cyber security player. It’s all messed up! People are getting better jobs with higher pay . Broadcom... — read more
https://www.marketwatch.com/story/accenture-makes-another-cybersecurity-deal-as-it-will-buy-symantecs-cybersecurity-business-from-broadcom-2020-01-07 Possibly making CA Siteminder, PAM, PAM SC Accenture Products.
Heard layoffs in WCC. Anyone has info on this?
Broadcom wireless/RF unit has been part of its core business, now that it's for sale, does that mean it's winding down core semiconductor business and shifting strategies ?
This is a generic discussion thread to capture comments about potential Broadcom Layoffs 2020? Any news or rumors?
What is Broadcom's notice period when resigning?
What are the regular employee benefits at Broadcom on top of rsus, private pension and health insurance? Do they offer ESPP? Gym / fitness membership? Food subsidies? Anything else?
Current Symantec employee here who is planning to buy a house. Symantec’s 401(k) plan enables employees to take a loan of up to $50,000 from their 401(k) towards the purchase of a house. Does Broadcom’s 401(k) plan include a similar... — read more
Does Broadcom organise social events, team building, luncheon, parties ? How’s the experience would be ? What is it like working in Broadcom ?
Can someone list grades and titles CA had, what Broadcom grades now and how they were mapped after the acquisition? For Broadcom I saw following mapping: IC3: Senior IC4: Staff IC5: Principal IC6: Master IC7: Distinguished IC8: Fellow But... — read more
Do Broadcom software sales reps or sales engineers work from Broomfield CO office? I am at Symantec, and want to see if I would have to move if offered a job.
Does Broadcom allow employees such as product managers to work entirely remotely?
Any ideas how Symantec will be integrated into Broadcom?
I heard the entire sales and presales in Prague will be laid off, and PTC will be transformed into developer-only office, are these rumors true?
Former CA here, Tech Support. I had a stay offer and left. Broadcom has only one thing going for them, paying money. They have the worst HR department I've worked with so far (and I have 2 decades in the industry in both Services and Tech Support... — read more
Heard after Trump Infinity Gauntlet snap Huawei, the Octane business went from bad to worst. Share price drop more than 20% & the last resort for Octane is to share next 6 month sales order gap. — read more
What is the process for yearly performance appraisal and comp adjustments? Timeframe what to expect ?
People at the office have been talking about possible layoffs sometime in May, but I thought Broadcom only does layoffs in March and October. At least that's what I was told (and read here in a few threads.) Did i misunderstand? I'm still new here so... — read more
Any ball park number of the multi year equity grants for Principal Engineer in US ?
Normally Broadcom does layoff few in March and mostly in October. Now it is February and there is no sign of layoff actions. That is pretty good news for any employee !!
Can someone please advise on official broadcom severance policy in US ? I hear it’s not written anywhere and no clear answers are given. Is it 2 weeks for every 1 year of salary with a max of 40 weeks? How does it apply for CA folks? Thanks — read more
i read 2x per year but which months do they usually do them in?
Wow, I'm so excited to join the great Broadcom family via the acquisition of CA I can't get enough of that stuff... What I really love is: the great and new managers having a span of control of up to 50 people and more - it's confirmed, you're just a... — read more
Hock is able to deliver quarter after quarter. All the employees are pleased with the financial performance and their own financial gains !! Thank you Hock... It also means no need for RIFs ... Be Happy !! — read more
And with the kind of treatment R&D gets from Octane, everything is bound to become liability eventually. How many market leading products were envisioned and launched AFTER deal from acquired companies (Agilent, LSI, PLX, Emulex, erstwhile-Broadcom... — read more
It was reported that Volkswagen and Broadcom signed an agreement to settle the dispute over the use of patents out of court. Even though none of the two companies wanted to comment on this it's obvious that an agreement has been reached because all... — read more
After 5000+ just termed from the CA acquisition, what should STAY employees expect? They don't know the new comp package details for almost a month. Will new offers include only salary or any bonuses or RSUs if so how much on average? When are newly... — read more