Broadcom Initiates Layoffs and Reviews Business Units Post VMware Acquisition
Chipmaker Broadcom will slash job to 1,300 employees at the cloud-computing giant VMware following the completion of the deal to buy VMware.
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Chipmaker Broadcom will slash job to 1,300 employees at the cloud-computing giant VMware following the completion of the deal to buy VMware.
There is a distinct good news-bad news scenario quickly developing now that Broadcom’s US$69 billion acquisition of VMware has been formally approved. News of the monumental deal finally going through came last week with the approval by China, which resulted in Hock Tan, president and chief executive officer of Broadcom, issuing the following statement: “We
U.S. chipmaker Broadcom will review strategic options for two business units of VMware, Insider reported on Wednesday, citing a leaked email from CEO Hock Tan to employees. Broadcom...
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