Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well. That was the reported cost for Tan to sit at the table of Chinese President Xi Jinping during a dinner at last month’s Asia-Pacific Economic Cooperation conference in San Francisco. It is a … Read more
PALO ALTO, California — Tech industry job cuts in the Bay Area have reached two new grim milestones with the disclosure that the Broadcom purchase of VMware will spawn well Source link
(Reuters) – Chipmaker Broadcom will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm, Bloomberg News reported on Thursday. Broadcom did not immediately respond to a Reuters request for comment. The chipmaker will also review strategic options for two business units of VMware, Insider had reported on Wednesday, citing … Read more