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Navigating Rehire Waves at Broadcom: Strategies for Returning to Familiar Shores

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Healthcare Provider Update: Healthcare Provider for Broadcom: Broadcom typically provides health benefits through major health insurance carriers. For employer-sponsored plans, companies such as UnitedHealthcare, Anthem (Elevance Health), or Cigna may be utilized, offering a range of coverage options to meet the needs of employees. Potential Healthcare Cost Increases for Broadcom in 2026: As Broadcom prepares for 2026, employees should brace for significant healthcare cost increases. The Affordable Care Act (ACA) marketplace is projected to experience premium hikes, with some states reporting increases over 60%. This alarming trend largely stems from the potential expiration of enhanced federal subsidies, which, if not renewed, could lead to out-of-pocket premiums rising by more than 75% for many policyholders. Coupled with the ongoing rise in healthcare service costs and recent profitability trends among insurers, Broadcom employees may face higher deductibles and out-of-pocket maximums in their health plans, potentially leading to thousands in additional healthcare spending. Click here to learn more

'Broadcom employees should view rehiring opportunities not just as a return to familiar ground, but as a strategic career move to leverage experience and negotiate improved terms, especially in today's fluid labor market,' — Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement Group.

'Broadcom employees navigating rehiring offers should carefully assess their financial goals and career growth opportunities before returning, turning workforce shifts into a strategic advantage,' — Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement Group.

In this article, we will discuss:

  1. Evaluating whether to return to a former employer after a layoff.

  2. How companies like Broadcom are using technology to streamline rehiring.

  3. The strategic advantages for both employees and employers in the rehire process.

Many Broadcom employees, along with others in the energy sector, have experienced the flux of being laid off and then rehired, reflecting the unpredictable waves of the labor market. Notably, even industry giants like Broadcom have been part of this trend, recalling employees to navigate through the changing economic landscapes and operational needs.

The decision to return isn't merely about accepting a job offer; it involves a thorough assessment of one’s financial status and other available job prospects. Career adviser Debra Wheatman recommends that individuals evaluate their current financial health and job market opportunities to make a well-informed decision.

Gaining a bit of leverage is often a part of this process. As Wheatman points out, returning employees might have the opportunity to negotiate better terms than before, potentially leading to improved roles, higher compensation, or more stable job conditions at Broadcom.

However, individual stories reveal diverse experiences. For example, after a brief layoff from a marketing agency, Jessica Swenson chose to return as a contractor, finding that the flexibility better suited her career aspirations, emphasizing the growing importance of adaptability in professional settings.

Conversely, Kristie Jones, who dealt with an impersonal layoff process, opted not to return to her previous employer, moving instead into consultancy. This shift underscores a common path for many who seek independence after corporate disenchantments.

Broadcom is leveraging advanced technologies like artificial intelligence through platforms like Visier, which meticulously track employment records to streamline the rehiring process. This methodical approach aids in aligning qualified candidates with suitable positions efficiently, utilizing detailed data analysis [source needed].

Moreover, the corporate recognition of rehiring's advantages, such as reduced onboarding time and familiarity with company culture, is increasing. Reemployed individuals often adapt more quickly and cost-effectively, providing a quicker return on investment for the company.

The manner in which layoffs are executed is crucial, as it affects the likelihood of rehiring. Fostering a respectful layoff process helps preserve professional relationships and keeps a pool of potential candidates ready for when market conditions favor reemployment.

Matt Massucci, CEO of Hirewell, notes that the reasons behind a separation—be it performance issues, strategic shifts, or economic factors—greatly influence rehire possibilities. Both Broadcom and its workforce must navigate these complexities with a clear understanding of each other's perspectives.

Ultimately, the decision to return to Broadcom should come after thoughtful consideration of the pros and cons, influenced by the initial separation's circumstances. As the labor market evolves, such decisions are increasingly viewed as strategic career moves rather than mere opportunities.

The concept of 'unretirement' is becoming prevalent, especially among older workers nearing retirement age. A significant portion of retirees reenters the workforce, driven by the need for engagement or financial necessities. Companies, including Broadcom, appreciate the unique perspectives and reliability that seasoned professionals bring during turbulent economic periods.

Explore how to handle rehire proposals and draw on your experience when considering a return to Broadcom after a layoff. Learn from others who have navigated this path successfully and understand how your familiarity with the company can reduce onboarding challenges and facilitate a smoother reintegration.

Reflecting on the labor market's fluid nature, consider the analogy of ocean tides. Just as tides ebb and flow, Broadcom might reduce its workforce during downturns but also reengage skilled professionals when conditions improve. For those seasoned in navigating these shifts, it presents an opportunity to reassess and potentially return to a familiar environment, equipped with experience and strategic foresight.

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Source:

1. Weber, Lauren. 'The Company That Laid You Off Wants You Back. What Do You Say?'  The Wall Street Journal , 24 Apr. 2025,  www.wsj.com/articles/company-layoffs-rehiring-employees-2025 .

2. Cadmus, Jay. 'I Was Laid Off at 55 and Took 6 Months to Find a Job.'  Business Insider , June 2024,  www.businessinsider.com/laid-off-older-workers-rehire-job-hunt-2024-6 .

3. Schooley, Skye. 'Best Layoff Practices: Can You Lay Off and Hire at the Same Time?'  Business News Daily , 23 Oct. 2023,  www.businessnewsdaily.com/15785-layoff-rehire-best-practices.html .

4. Cook, Ian. 'Hiring After Layoffs: What Employers Need To Know.'  Visier , 19 Sept. 2023,  www.visier.com/blog/hiring-after-layoffs/ .

5. Fischman, Wendy. 'Rehiring Furloughed and Laid-Off Workers Post-Pandemic.'  Potomac Law Group , 13 May 2020,  www.potomaclaw.com/news-rehiring-furloughed-laid-off-workers .

What is the primary purpose of Broadcom's 401(k) Savings Plan?

The primary purpose of Broadcom's 401(k) Savings Plan is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax or Roth after-tax basis.

How can Broadcom employees enroll in the 401(k) Savings Plan?

Broadcom employees can enroll in the 401(k) Savings Plan through the company’s benefits portal, typically during open enrollment or within 30 days of their hire date.

What types of contributions can Broadcom employees make to their 401(k) accounts?

Broadcom employees can make pre-tax contributions, Roth after-tax contributions, and possibly catch-up contributions if they are age 50 or older.

Does Broadcom offer any matching contributions to the 401(k) Savings Plan?

Yes, Broadcom offers a matching contribution to the 401(k) Savings Plan, which is designed to encourage employees to save for retirement.

What is the vesting schedule for Broadcom's matching contributions?

Broadcom's matching contributions typically follow a vesting schedule, meaning employees must work for the company for a certain period before they fully own the matching funds.

Are there any fees associated with Broadcom's 401(k) Savings Plan?

Yes, Broadcom's 401(k) Savings Plan may have administrative fees, investment fees, and other costs that are disclosed in the plan documents.

Can Broadcom employees take loans against their 401(k) Savings Plan?

Yes, Broadcom allows employees to take loans against their 401(k) Savings Plan, subject to specific terms and conditions outlined in the plan documents.

What investment options are available in Broadcom's 401(k) Savings Plan?

Broadcom's 401(k) Savings Plan typically offers a range of investment options, including mutual funds, target-date funds, and possibly company stock.

How often can Broadcom employees change their contribution amounts to the 401(k) Savings Plan?

Broadcom employees can change their contribution amounts to the 401(k) Savings Plan at any time, subject to the plan's guidelines.

What happens to Broadcom employees' 401(k) accounts if they leave the company?

If Broadcom employees leave the company, they can choose to leave their funds in the plan, roll them over to another retirement account, or cash them out, subject to tax implications.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Broadcom has announced a restructuring plan which includes significant layoffs to streamline operations and focus on core businesses. The company is also revising its pension plans and benefits for affected employees.
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For more information you can reach the plan administrator for Broadcom at 1320 Ridder Park Drive San Jose, CA 95131; or by calling them at +1 408-433-8000.

*Please see disclaimer for more information

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