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VMware begins ‘consultation process’ with Cork staff with fears jobs could be cut 

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VMware begins ‘consultation process’ with Cork staff with fears jobs could be cut 

Fears of job cuts have hit Irish employees following US semiconductor company Broadcom’s recent $69bn (€62.98bn) takeover of global cloud computing firm, VMWare, which has a long-standing presence in Ireland.  Staff at its Cork campus received an email this morning telling them the firm has entered a “consultation process,” with fears that this could lead … Read more

VMware cut by Monness, Crespi, Hardt as Broadcom deal in ‘home stretch’

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VMware cut by Monness, Crespi, Hardt as Broadcom deal in ‘home stretch’

Sundry Photography/iStock Editorial via Getty Images VMware (NYSE:VMW) was downgraded by investment firm Monness, Crespi, Hardt on Monday as the deal to be acquired by Broadcom (NASDAQ:AVGO) looks to be in the “home stretch.” Analyst Brian White moved his rating on VMware (VMW) shares to neutral from buy, noting that the deal received final approval … Read more