this post was submitted on 03 Dec 2023
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This is the best summary I could come up with:
After completing its $69 billion acquisition of cloud computing company VMWare, Broadcom CEO Hock Tan issued a direct order to his new employees about where they must work.
Insurance company Farmers Group faced an outcry from employees when new CEO Raul Vargas reversed his predecessor’s remote work policy.
In KPMG’s annual CEO survey, 90% of respondents said they’d reward employees who make an effort to come into the office with “favorable assignments, raises or promotions.” Others have tried to spin it as a necessary sacrifice for the greater good of the company.
“You might be able to execute your work on time and to standard in a remote environment, but what about your colleagues?,” wrote Jake Wood, CEO of software company Groundswell, on LinkedIn this summer.
While Tan admitted ERGs, which provide support for groups of underrepresented employees, weren’t part of Broadcom’s culture, he said he was open to them.
Many of Broadcom’s employees will move into VMWare’s Palo Alto, Calif. headquarters, which ironically had been largely empty thanks to its longstanding remote work policy, according to the San Francisco Standard.
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