Broadcom cuts at least 2,800 VMware jobs following $69 billion acquisition
Broadcom hasn't said how many people will be affected, or much of anything else.
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Broadcom hasn't said how many people will be affected, or much of anything else.
Senator Investment Group LP purchased a new stake in VMware, Inc. (NYSE:VMW – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 300,000 shares of the virtualization software provider’s stock, valued at approximately $43,107,000. VMware accounts for about 1.9% of Senator Investment […]
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
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VMware layoffs have begun following Broadcom's successful acquisition of the company upon receiving Chinese regulatory approval.