The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 15, 2025
Today: January 15, 2025

Broadcom to lay off 1,300 VMware employees following takeover

Technology
Illustration shows Broadcom logo
April 26, 2024
Reuters - Reuters

(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)

Related

Business|Economy|Europe|Finance

UK inflation unexpectedly falls, core price measures slow by more

British inflation unexpectedly slowed last month and core measures of price growth - tracked by the Bank of England - fell more sharply, according to official data that will be

UK inflation unexpectedly falls, core price measures slow by more
Business|Economy|Environment|Europe

Biggest IKEA retailer to invest $1 billion in recycling firms

The investment arm of Ingka Group, the biggest global IKEA retailer, said it will invest 1 billion euros ($1.03 billion) into recycling companies as it aims to better

Biggest IKEA retailer to invest $1 billion in recycling firms
Asia|Business|Political|Technology|World

Taiwan says exclusion from new US curbs on AI tech should 'give confidence'

Taiwan's exclusion from the new U.S. curbs on artificial intelligence (AI) chip and technology exports should "give confidence" about Taipei's own controls and respect for the law,

Taiwan says exclusion from new US curbs on AI tech should 'give confidence'
Asia|Business|Fashion and Beauty|Lifestyle|Technology|Travel

China's RedNote: what you need to know about the app TikTok users are flocking to

Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent

China's RedNote: what you need to know about the app TikTok users are flocking to
Share This

Popular

Business|Economy|Environment|Europe|MidEast|World

Italy, Albania, UAE sign deal for energy subsea interconnection

Italy, Albania, UAE sign deal for energy subsea interconnection
Business|Economy|Europe|Finance|Stock Markets

European shares advance as bond yields ease; soft inflation powers UK stocks

European shares advance as bond yields ease; soft inflation powers UK stocks
Asia|Business|Economy|Finance|Stock Markets

Bank Indonesia delivers surprise rate cut to support growth

Bank Indonesia delivers surprise rate cut to support growth
Asia|Business|Political|Technology|World

India's navy launches submarine, warships to guard against China's presence in Indian Ocean

India's navy launches submarine, warships to guard against China's presence in Indian Ocean