Yogesh Jadhav’s Post

Broadcom received approval for a merger with VMWare. And they celebrated by laying off 1300 employees. The 2023 tech bloodbath continues... ----- Reuters: "Broadcom to lay off 1,300 VMware employees following takeover (November 30, 2023) Nov 30 (Reuters) - Chipmaker Broadcom (AVGO.O) will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm, Bloomberg News reported on Thursday. Broadcom did not immediately respond to a Reuters request for comment. The chipmaker will also review strategic options for two business units of VMware, Insider had reported on Wednesday, citing a leaked email from CEO Hock Tan to employees. Broadcom closed its $69 billion acquisition of VMware on Nov. 22 after receiving regulatory approval from China. Reuters: https://lnkd.in/gBTy-MYW #semiconductors #cloud #broadcom #vmware #techlayoffs #mna #mergersandacquisitions

Broadcom's acquisition of VMware has brought major changes: ❌ Key products eliminated 📦 Bundled offerings without customisation 💸 Significant price hikes 📈 Has this broken customer trust? Can we navigate this new landscape, or is it time to move away from VMware? CEO Chris Piggott and HTO Ryan Tracey share their insights and recommendations. #VMware #Broadcom #CloudSolutions #ITServices

What's your plan B (and Plan C)?

Broadcom Lays Off VMware Employees After Closing Its $69 Billion Acquisition: After acquiring VMware for $69 billion, Broadcom is eliminating several positions at the virtualization technology company. Business Insider reports: Employees whose positions were eliminated received an email on Monday, viewed by Business Insider, that read: "Broadcom recently completed its acquisition of VMware. As part of integration planning, and following an organizational needs assessment, we identified go-forward roles that will be required within the combined company. We regret to inform you that your position is being eliminated and your employment will be terminated." "We would like to thank you for your dedication and service. We want to make this transition as smooth as possible, including offering you a generous severance package and providing you a non-working paid notice period," the email continued. Currently, it's unclear exactly how many employees will be affected by the cuts. Read more of this story at Slashdot.

Broadcom Lays Off VMware Employees After Closing Its $69 Billion Acquisition: After acquiring VMware for $69 billion, Broadcom is eliminating several positions at the virtualization technology company. Business Insider reports: Employees whose positions were eliminated received an email on Monday, viewed by Business Insider, that read: "Broadcom recently completed its acquisition of VMware. As part of integration planning, and following an organizational needs assessment, we identified go-forward roles that will be required within the combined company. We regret to inform you that your position is being eliminated and your employment will be terminated." "We would like to thank you for your dedication and service. We want to make this transition as smooth as possible, including offering you a generous severance package and providing you a non-working paid notice period," the email continued. Currently, it's unclear exactly how many employees will be affected by the cuts. Read more of this story at Slashdot.

Since Broadcom acquired VMware we have seen a radical reorganisation of the company: - Eliminating products - Bundling together what were individual product offerings (without option of customization) - Hefty price increases of these ‘new product’ packages📈 So, what’s next? Has trust been broken with many customers being priced out of the market? Is there a way for us to navigate this new Broadcom era, or is it time to make the move away from VMware for good? CEO Chris Piggott and HTO Ryan Tracey discuss what has happened, how we have been affected firsthand, and what we recommend to move forward. #VMware #Broadcom

Broadcom Lays Off VMware Employees After Closing Its $69 Billion Acquisition: After acquiring VMware for $69 billion, Broadcom is eliminating several positions at the virtualization technology company. Business Insider reports: Employees whose positions were eliminated received an email on Monday, viewed by Business Insider, that read: "Broadcom recently completed its acquisition of VMware. As part of integration planning, and following an organizational needs assessment, we identified go-forward roles that will be required within the combined company. We regret to inform you that your position is being eliminated and your employment will be terminated." "We would like to thank you for your dedication and service. We want to make this transition as smooth as possible, including offering you a generous severance package and providing you a non-working paid notice period," the email continued. Currently, it's unclear exactly how many employees will be affected by the cuts. Read more of this story at Slashdot.

The shockwaves from Broadcom's acquisition of VMware are still being felt throughout the IT industry, with organisations bearing the brunt of sudden price hikes and project cancellations. ❓How does VMware’s change in ownership impact your business and your ability to budget? ❓Do you understand the options available to mitigate risk? ❓Should you be looking at retention, third-party support or an exit strategy? Which is the right path for you? Why not chat with us at Qirx? As an experienced VMware partner, we can talk you through implications and alternatives and work with you on the best way forward for your organisation. #Broadcom #VMware #DiscoverQirx #ITStrategy

Good summary on the questions that are possibly on the minds of many CTOs, and not just limited to Australia.

Since writing this piece, and true to the sector we work in, things are always changing as can be seen in yesterday article on the register https://lnkd.in/ejJBvxVS which outlines a softening in Broadcom approach all be more a stay of execution, however it does point out the "Rumors are circulating that Amazon Web Services' VMware service is going away" citing the VMware on AWS doesn't make use of VMware Cloud Foundation, the bundle of products that Broadcom has made its lead offering and secondly the new closeness of Broadcom to Google cloud. Watch this space