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Broadcom to lay off 1,300 VMware employees following takeover
Broadcom to lay off 1,300 VMware employees following takeover By Reuters
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Published Nov 30, 2023 06:42PM ET
© Reuters. A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – Chipmaker Broadcom (NASDAQ:AVGO) will lay off about 1,300 VMware (NYSE:VMW) 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.
Broadcom to lay off 1,300 VMware employees following takeover
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