Thread regarding CA Technologies (CA Inc.) layoffs

Broadcom Inc. Announces First Quarter Fiscal Year 2019 Financial Results and Quarterly Dividend

https://www.broadcom.com/company/news/financial-releases/2391358

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Post ID: @Y4AiDLr

6 replies (most recent on top)

you know for those who have been with ca for a long time hock might be great, but some of us came from companies with great leaders and vision that created market leading software out of simply an idea and made sure no Customer or Employee ever got left behind! im sorry but those are the leaders i admire. Not someone who makes alot of people rich by playing workforce roulette.

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Post ID: @Y4AiDLr-2wkt

But the crucial difference here, is that Mikey Bikey didn't know how to run a company. He only knew how to sell them.

Hock Tan may be a cheapskate but he can run the hell out of a company.

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Post ID: @Y4AiDLr-2bbu

There is no denying the financial effectiveness of the Thanos Infinity Guantlet model of acquisitions. It also shows how grossly incompetent BikeBoy and his lackeys were at generating profits in the biggest technology and stock market boom of our lifetimes.

That said, the post snap CA is still a technology dinosaur and lots of staff will never get to see years 2-7 of the stock grants as customers flee from the solutions.

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Post ID: @Y4AiDLr-1wuc

Great for those holding shares, not so great for those holding future shares that will vest over 3 years if they're gone before they vest.

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Post ID: @Y4AiDLr-1whl

When an individual's compensation is heavily aligned to the stock price, they are incentivized to keep that stock price up. Cost-cutting allowed for hitting earnings while missing revenue targets. Everyone knows China's demand is weakening, and iPhone demand is too (Broadcom heavily relies on iPhone demand). How the company can maintain in-line guidance is very suspect. Watch for insider selling in the near term.

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Post ID: @Y4AiDLr-1pda

In your face... to all the CA folks who just do nothing but whine!

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Post ID: @Y4AiDLr-1uov

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