Broadcom to Lay Off 1,300 VM Ware Employees Following Takeover

Reuters | November 30, 2023

Responsive image

(Reuters) – Chipmaker Broadcom will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm, Bloomberg News reported on Thursday.

Broadcom did not immediately respond to a Reuters request for comment.

The chipmaker will also review strategic options for two business units of VMware, Insider had reported on Wednesday, citing a leaked email from CEO Hock Tan to employees.

Broadcom closed its $69 billion acquisition of VMware on Nov. 22 after receiving regulatory approval from China.


(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Shailesh Kuber)


Wait! Before you go...

Always be feeding your money brain. Claim one or all of the FREE offers from some of our partners below.