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Broadcom to lay off 1,300 VMware employees following takeover

2023-12-01 07:47
Chipmaker Broadcom will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm,
Broadcom to lay off 1,300 VMware employees following takeover

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)