@XU9zewf-5jhs I am laughing all the bank as well, having left and found a job with better base salary, benefits and equity.
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Lol. Some of you guys are such pessimists. Is there any company you DO want to work for? All I see on this forum are s bunch of whiners and losers. Meanwhile those of us who are good at our jobs are laughing all the way to the bank.
The end of year bonus and RSUs are the way forward. I am not expecting any raise to my base salary.
In reply to this last poster, you must be drinking their kool aid. BC is ruthless and just cut another former CA VP who was instrumental to the new CA for no cause.
The US Congress shrank away from investigating these folks unfortunately.
I'm calling BS on this rumor. Reeks of the same lines as "Broadcom is going to steal our 401k" and "All of our salaries are going to be lowered to minimum wage". I have access to the term/exit lists, and there haven't been any major layoffs at either of these offices, other than a handful of people that were transition. Legally, this type of maneuver would be disastrous. Judges may have been born at night, but not last night. If Broadcom tried this they would be hit with lawsuits so fast their legal department would be swamped for years, and they would lose. Courts tend to frown on this sort of behavior.
This was bound to happen, soon (firing for non-causes and forfeiting the severance). The people given "stay" will be made to work like donkeys and treated like dogs. Keep watching fellas - good days ahead!
@XU9zewf-1xre Really? Got any more details what they are doing?
@XU9zewf-1ilz: Can confirm this is what HR in Prague is doing right now. Some poor s---ers thought they are safe but suddenly:" Suprise motherfu*ker! GTFO!!!"
They have started to term people for cause for some pretty lame reasons. Rumor is about 75 people were fired focused on Plano and Santa Clara. It s---s to lose severance and stock that way.
The correct question is: When are the next round of layoffs going to happen 😉😉?
I suspect the RSU grants are meant to cover any salary changes employees are expecting.