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BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
https://www.channelfutures.com/business-models/rumors-broadcom-planning-vmware-layoffs
Why is that a surprise?
No surprise here. Broadcom - 20k employees across entire company (20+ divisions, spans both hardware and software sides of house) VMware - 37k employees currently, will likely make up 2 or 3 new divisions on software side at Broadcom, only keeping the stickiest and most profitable products)
Revenue of Broadcom vs VMware?
I see you don’t have access to google. Broadcom 35B > VMware 13.4B
Always expect cuts within a year of acquisitions.
This is true only after FTC approval
Is there a possibility they’ll block it? It seems pretty much done and dusted.
Yeah. The aquisition is still in progress.