Layoffs: US Semiconductor Manufacturing Company Broadcom Announces To Lay Off Employees After Acquiring VMware for USD 69 Billion, Say Reports
Global semiconductor supplier Broadcom Inc. reportedly announced to lay off employees after acquiring cloud computing company VMware for $69 billon.
Broadcom Inc., manufacturer and global supplier of semiconductors and software products, announced to lay off VMware staffers after acquiring the company. According to The Week on X, 'After the merger, more people to lose jobs in future". VMware is a cloud computing and technology company that Broadcom acquired for $69 billion. According to The Week's report, the "laid off" staffers were sent emails on Monday. The report further said that the acquisition will follow the "go-forward" roles within the combined company. As per the report, 217 staffers in Georgia and 184 in Colorado were affected. Other employees will likely get terminated gradually. Apple To End Partnership With Global Investment Bank Goldman Sachs Over Its Apple Card Within Next 12 to 15 Months: Report.
Broadcom To Lay off VMware Staffers After Acquiring VMware (Source: The Week)
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