There's a rumor floating around that any tenure a CA employee accrued as a CA employee won't carry over after a year with Broadcom and that CA employees just become 1'st year Broadcom employee so that if laid off they wouldn't benefit from their time... read more
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Topics regarding layoffs at Broadcom Corp.
Now with CA news is 70% of BRCM IT will be gone and 80% of CA. Hock management is typical Ch* with no mind.
this should be interesting.. 16B wiped out..wonder how many they have to cut to still maintain investor confidence. oh octane!!
See this thread: https://www.thelayoff.com/t/TLzYGv5 -- you may be better off filing for SDI
6-14 Update: In 10-Q filing Broadcom adds some color to restructuring charges with the information that it's terminated about 1,100 workers in connection with its merger with Brocade Communications. The overall restructuring charge was a bit under... read more
Octane thought he was a great businessman. He wanted to outsmart and buy a real engineering company and break it into pieces and sell it off Now the whole world knows his reputation is only to make money. Not to invest in R&D just wants some sales ... read more
All technology becomes outdated and expire soon.. It will impact division & layoffs, there should be a competitor always
Out xurrent BRDCM stock proves that it was all a house of cards. Without Qualcomm aquisition the stock nose dived. No organic growth..just some idiotic share buybacks which was a hollow bullet. Worried about cuts now that the stock is going down and... read more
The layoffs going to continue as sales have fallen in most units.
Anybody else hating the fact that Broadcom is moving to US? This will give the company plenty of room to start acquiring US companies, which will always be followed by consolidation layoffs of those of us actually working here. I could definitely do... read more
27 people were let go from WCC, affected people have recieved their letters. Last day is 30th March. Severance is one month of pay for every year completed with Broadcom.
heard layoff in stb..as many as 32
Expect significant managerial cuts soon as they combine teams.
Today a bunch of people were let go in WCC Bay Area and San Diego including a person I was working with very closely. I don’t know the exact numbers or the percentage. But it came to me as a shock because WCC is very lean and actually understaffed... read more
Just been laid off and told I have to sell my old Avago Stock Options within 90 days. My ESPP and RSUs do not have these restrictions. I doubled checked and my options are NSOs instead of ISO. Am I really still bound to the 90-day window?
This may be a big thing for BCOM - we'll see what happens: The engineer was suggesting building the telecom industry's first "white box" transponder, made with off-the-shelf parts such as chips from Broadcom and Acacia Communications, optical... read more
Don't worry, bcom can not afford qcom anymore, no layoffs
If qcom is acquired or not..
How many divisions will have to be sold off to complete the proposed QCOM acquisition? Will it be layoffs or divisions sold off to other companies? Will there be layoffs to pay the principal and interest on the $100B borrowed to buy QCOM?
This morning on Squawk Box at 9 am EST
http://www.firstpost.com/world/h1b-extensions-on-the-chopping-block-4282721.html Over the last 10 years - from 2007 to 2017, Indians have taken the lion’s share of H1B visa approvals every single year followed by China in second place and Canada... read more
For those wondering when the next layoff round will start, more than 300 people will be laid off by Broadcom starting January 19. All those affected have already been notified... read more
Fremont woman gets four years in prison for visa fraud Joseph Geha PUBLISHED: December 5, 2017 at 7:14 pm | UPDATED: December 6, 2017 at 5:20 am Categories:California News, Community News, Crime & Courts, Latest Headlines, News A Fremont woman has... read more