Rolling job cuts by Broadcom have slashed VMware’s workforce roughly in half

• Broadcom has cut VMware’s workforce by roughly half since acquiring the company in 2023.
• VMware had more than 38,000 employees in early 2023. That’s down to about 16,000, two sources said.
• Wall Street loves CEO Hock Tan’s M&A playbook.

Broadcom‘s aggressive cost-cutting strategy has at least halved VMware’s workforce while pleasing Wall Street analysts.

The chip giant closed one of the biggest tech deals ever when it acquired cloud software…