Broadcom to lay off over 1,200 VMware employees as deal closes ...Middle East

Broadcom will lay off 1,267 VMware employees in January, the company said in a filing with the California Employment Development Department this week, made days after the $69 billion acquisition of VMware became final. The first layoffs will come late in the month, and will affect workers at VMware’s Palo Alto offices. Multiple reports detailed that the layoffs had long been feared among VMware workers, and that they were reflective of continued struggles at the pioneering virtualization company. It’s also standard practice for Broadcom to cut staff in the wake of acquisitions, as the company notably did after buying up CA Technologies, axing roughly 40% of that firm’s workers after comp

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Last updated : 02 Dec 2023 clock 01:44 AM

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Broadcom to lay off over 1,200 VMware employees as deal closes ...Middle East

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