Leaked memos: Broadcom leaders address KKR’s plans to acquire a VMware business unit for $4 billion

Leaked memos: Broadcom leaders address KKR’s plans to acquire a VMware business unit for  billion

Broadcom leaders addressed VMware staff about the future of one of its business units that global investment firm KKR plans to acquire, according to internal memos viewed by Business Insider. KKR announced on Monday that it entered into a definitive agreement to acquire the End-User Computing division from Broadcom for about $4 billion. Under this … Read more

Broadcom CEO tells VMware employees that it doesn’t do company-wide parties or employee-resource groups: ‘That’s an alien concept to me’

Broadcom CEO tells VMware employees that it doesn’t do company-wide parties or employee-resource groups: ‘That’s an alien concept to me’

Some of the most prized aspects of VMware’s culture likely won’t survive the Broadcom acquisition. Broadcom closed its $69 billion acquisition of VMware on November 22. On Tuesday, Broadcom CEO Hock Tan addressed questions from VMware employees in an all-hands meeting. Some employees asked about company culture perks such as employee-resource groups and company-wide parties … Read more

Leaked all-hands: Broadcom CEO tells employees living within 50 miles of an office to ‘get your butt in here’

Leaked all-hands: Broadcom CEO tells employees living within 50 miles of an office to ‘get your butt in here’

Broadcom CEO Hock Tan said in an all-hands that he expects employees living within 50 miles of an office to return to in-person work. Tan addressed employees at a meeting on Tuesday after Broadcom closed its $69 billion acquisition of VMware on November 22. One question submitted was: “What can you tell me about headquarters, … Read more

Leaked email shows the top executives leading VMware’s edge unit after Broadcom’s $69 billion acquisition

Leaked email shows the top executives leading VMware’s edge unit after Broadcom’s  billion acquisition

After Broadcom acquisition, VMware will operate with four divisions. A leaked email shows the top executives who will lead one of these divisions, Software-Defined Edge. Broadcom laid off VMware employees this week after closing the deal November 22. After Broadcom closed its $69 billion acquisition of VMware on November 22, it also did some reorganization. Broadcom … Read more

Leaked email: Broadcom CEO says the company is reviewing ‘strategic alternatives’ for two of VMware’s businesses

Leaked email: Broadcom CEO says the company is reviewing ‘strategic alternatives’ for two of VMware’s businesses

Broadcom CEO Hock Tan told employees in an email last week following the company’s acquisition of VMware that it would review “strategic alternatives” of two of its business units. Broadcom closed the $69 billion deal on November 22. Tan said that Broadcom would continue to support the End-User Computing and Carbon Black cybersecurity units while … Read more

Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company

Broadcom lays off many VMware employees after closing its  billion acquisition of the company

Many VMware employees learned Monday their positions would be eliminated. Broadcom announced it closed its $69 billion acquisition of VMware on November 22. VMware had already started cutting jobs prior to the deal closing. Loading Something is… Source link

VMware job cuts have begun as Broadcom nears a deadline to close its acquisition

VMware job cuts have begun as Broadcom nears a deadline to close its acquisition

VMware started cutting jobs this week as Broadcom prepares to acquire it. Broadcom has said it expects to close the deal October 30, although China could hold it up. Previously, Insider reported that Broadcom was planning drastic job cuts for VMware. VMware has begun job cuts this week as a deadline for Broadcom’s planned acquisition … Read more

Leaked email outlines VMware employees’ options as the Broadcom acquisition closes

Leaked email outlines VMware employees’ options as the Broadcom acquisition closes

VMware employees received an email this week laying out what their fates could be when Broadcom closes its $61 billion acquisition of the cloud computing and virtualization company. VMware CEO Raghu Raghuram and chief people officer Betsy Sutter held a meeting this week with senior directors where they shared updates about the upcoming acquisition that’s … Read more