Thread regarding Broadcom Corp. layoffs

Attrition is reaching new heights

Why are so many people walking away at once?

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| 2312 views | | 11 replies (last )
Post ID: @OP+1cDBRHV4

11 replies (most recent on top)

They don’t care about anyone. Even the little things pssing everyone off.. the fridge in Plano’s $ kitchen is full of expired food ffs.

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Post ID: @5kjy+1cDBRHV4

They don’t care about anyone. Even the little things pssing everyone off.. the fridge in Plano’s $ kitchen is full of expired food ffs.

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Post ID: @5beo+1cDBRHV4

They don’t care about anyone. Even the little things pssing everyone off.. the fridge in Plano’s $ kitchen is full of expired food ffs.

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Post ID: @5qye+1cDBRHV4

They don’t care about anyone. Even the little things pssing everyone off.. the fridge in Plano’s $ kitchen is full of expired food ffs.

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Post ID: @5jyq+1cDBRHV4

They don’t care about anyone. Even the little things pssing everyone off.. the fridge in Plano’s $ kitchen is full of expired food ffs.

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Post ID: @5ced+1cDBRHV4

Hock isnt blind to the workers, he is indifferent at best and honestly anti-worker, and there is a world of difference. Don't kid yourself for a minute that Hock or any member of the executive team, board of directors, or management really cares about preserving or protecting the employees.

Octane and the rest are only interested in two things, using RSUs to keep everyone they need on a leash (you make more with the RSUs vs getting legit bonuses and merit increases, right?) until the employees are no longer needed, and then use layoffs to invalidate all the granted RSUs. The real kicker is then using a combination of leveraged capital and the layoffs to reduce costs to run stock buybacks, which isn't business sense, it's "legal" stock market manipulation and tax avoidance.

While there is no doubt that Hock and team have business sense (if you can call it that, a crook is a crook after all), it comes completely at the expense of the medium and long term interests of the business, and the actual workers and make the business what they are.

Anyone with any sense sees the RSUs for what they are, and Broadcom for what it is, a giant sweatshop. One where you gamble your future daily, and could come up with the short straw at any time, at no fault of your own. There are many better out there, so get some courage, look around, and get out before you are kicked out.

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Post ID: @4vho+1cDBRHV4

yep market is HOT and on fire....if you're under 50ish.... lots of positions. similar pay, less equity... but most will look at trade off... this isn't wall street... the comp isn't life changing...it's good but not great. and people are making decisions..

also...as someone once said you don't leave companies...you leave bad managers. and certainly on the software side there are a sheet load of poor managers.. just read what they post on the other forum thread...

bottom line...if ur under 55...under 50 really... and don't have a rabbi...GTFO... if you're 60+... you have no choice...

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Post ID: @2zzh+1cDBRHV4

@1goz+1cDBRHV4 It is strange. Hock seems to have a better business sense than almost any other CEO I've ever worked for, but he is also completely blind to his treatment of employees. He seems to be stuck in the 1970s when it comes to business operations and employee relations. From an employee standpoint, the only positive of this company is pay. Everything else is becoming unbearable.

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Post ID: @1lzv+1cDBRHV4

It's a great market with remote jobs but this d-mb company acts like it's Welch's GE in the 1980s. Keep pushing us out Octane you realize customers need support right?

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Post ID: @1goz+1cDBRHV4

If that were the case, the good news is that we're hiring.

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Post ID: @qdq+1cDBRHV4

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