Semiconductor giant Broadcom will lay off 2,000 American workers after sealing $69B deal to take over VMware – days after CEO dined with China’s Xi Jinping at $40,000-a-head dinner in San Francisco
Broadcom has announced nearly 2,000 job cuts at VMware just one week after it took over the cloud computing giant in a $69 billion deal. The layoffs were confirmed following Chinese approval for the takeover, which came just days after Broadcom CEO Hock Tan paid $40,000 to dine with President Xi Jinping in San Francisco. A … Read more