“As part of integration planning, and following an organizational needs assessment, we identified go-forward roles that will be required within the combined company.”
Totally devoid of any humanity. Corporate jargon freaks me out. It shouldn’t, but it really gets to me.
Shareholders are the worst creation of capitalism so far.
It allows you to create anonymous gray masters that you must serve at any cost no matter how humanly heinous they are.
Also, the bad thing that can happen to the shareholders is that they lose a little money whereas the people beholden to the shareholders can lose everything they have including their souls, and all the shareholders have to do is say “I had nothing to do with it, I just bought a piece of paper, I didn’t even get a piece of paper I got an nft” and wash their hands of the whole thing.
The fact that our retirement accounts are being used to fund the hedge managers that create small shareholders that run the businesses that fire us so that the large shareholders get more money now in hopes that in some theoretical future the small shareholders get enough money to enjoy our twilight years is absolute insanity.
I think it’s totally reasonable to be weirded out by corporate jargon. It’s so 1984 esque. It seems like it’s created to help capitalists do their best not to lie in legal terms while at the same time communicating to their shareholders that money matters while also still trying to put on a facade of humanity for the PR front.
It’s so gross.
It is jargon for sure, and bloviating to mask layoffs.
A merger will always have layoffs because there will be duplication of roles, especially in lower/middle management.
Some duplication may also occur in boots-on-the-ground roles, depending on the companies.
That’s capitalism. It’s a system that is devoid of humanity. Money is above everything, including human life.
the uncanny valley has made verbal inroads.
It sounds more like an AI-generated statement
I still fail to see how this benefitted anyone at either Broadcom or vmware
It didn’t have to. It had to benefit shareholders and stock prices, that’s it.
That said, you can be damn sure it benefited the executive teams at both companies, very lucratively. Anyone below VP level can get bent, of course, as is tradition with M&A deals.
Damn vmware was miserable enough to work with already. Guess broadcom felt like pissing in the piss lake.
I’m shocked. This definitely wasn’t predicted by literally everyone.
Wait how in the ever loving fuck is VMware worth $70B?
They’re the single largest name in virtualization. Almost half of all companies using virtualization are using VMware. And that’s a lot of companies. Companies who have to pay licenses to use it. That’s a lot of worth.
What do I use now? I’ve tried virtualbox and it didn’t work well for me. Do I use Proxmox?
Proxmox for the win. As a complete hobbyist it’s been amazingly easy to use with enough features to keep me learning.
Yeah, it’s solid. Also be sure to check out Proxmox Backup.
Check out Xen, XCP-ng (was Xenserver), and/or KVM.
In a previous article: Everything we know about what’s going on at VMware as employees leave in droves ahead of the $61 billion Broadcom acquisition
talent at VMware has started to leave the company because of uncertainty around the deal’s influence and hints from Broadcom’s CEO about ending remote work
From the get-go, Broadcom’s plan to buy VMware seemed far-fetched. The companies have little overlap, and with its massive price tag, the acquisition would rank among the highest ever in tech.
Yeah, this was doomed. It looks like nobody in the know was surprised. Customers, employees and analysts saw the layoffs coming.
I wonder where these people went. With the announcement of Apple’s gaming support, my bet is on that or over to Oracle to work on VirtualBox.
I’m already investigating alternatives for my company to move away from vmware for when it inevitably turns to shit. We have not forgotten the shit Broadcom pulled with Veritas and finally managed to move away from that fully last year. Azure Arc seems promising and I have heard that a lot of companies are already switching from an old colleague.
Thankfully we have KVM still ticking along
I’m curious about how the rise of docker/kubernetes has affected these companies. I would have thought VMWare and Oracle would have been affected by the fall in the use of tools such as Vagrant for VMs.
I first used Vagrant a decade ago, I don’t think of them in the same product space.
What does this mean for the spring framework? Doesn’t VMware maintain spring these days ? Or is it unrelated ?
This is the best summary I could come up with:
Many VMware employees learned Monday that their positions will be eliminated following Broadcom closing its acquisition of the company.
Employees whose positions were eliminated received an email on Monday viewed by Business Insider that said, "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 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.
VMware had already begun job cuts prior to the acquisition closing, BI previously reported.
In the past year, several top VMware executives have left the cloud computing company.
The original article contains 333 words, the summary contains 121 words. Saved 64%. I’m a bot and I’m open source!
Paid time off and a severance and they don’t have to return to office? Sounds like the folks getting laid off got the better deal
That was fucking fast, interesting, maybe that makes space for the competitors than
They’ve had a year to work on the layoffs.
Yep my buddy at VMware was waiting to get laid off all year. Finally happened two weeks ago
Article has paywall, I couldn’t pass.
Thank you for sharing
