Broadcom to lay off over 1,200 Bay Area tech workers following $69B VMware deal (www.sfchronicle.com)

submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] stefenauris@pawb.social 32 points 11 months ago

This is why when companies merge it's always a bad thing

[-] cooopsspace@infosec.pub 11 points 11 months ago

VMware was going to hell before the acquisition. Openshift adoption far greater since VMware raised prices.

[-] Tosti@feddit.nl 1 points 11 months ago* (last edited 10 months ago)

Purged by creator

[-] jordanlund@lemmy.world 8 points 11 months ago

Broadcom has a particularly bad habit about it.

[-] iopq@lemmy.world -2 points 11 months ago

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.

[-] Psiczar@aussie.zone 13 points 11 months ago

No surprises here, they gutted Symantec.

this post was submitted on 02 Dec 2023

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