Broadcom to lay off over 1,200 Bay Area tech workers following $69B VMware deal
sfchronicle.com
Broadcom to lay off over 1,200 Bay Area tech workers following $69B VMware deal::Broadcom to lay off over 2,000 employees after acquiring Bay Area tech company VMware in a $69B deal.
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This is why when companies merge it's always a bad thing
VMware was going to hell before the acquisition. Openshift adoption far greater since VMware raised prices.
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Broadcom has a particularly bad habit about it.
But that's wrong. AMD merged with Xilinx to enhance their product portfolio. They are doing a lot of AI products now, so it was partially an acquihire.