Broadcom (NASDAQ:) Inc. has announced a significant round of layoffs at VMware (NYSE:)’s Broomfield office, with 184 employees set to lose their jobs starting in January 2024. This move comes as Broadcom, which recently completed a $61 billion acquisition of VMware, begins implementing a broader cost-reduction strategy. The layoffs, disclosed through a WARN Act notice, are part of a comprehensive job reduction plan but will not result in the complete closure of the Broomfield site at 380 Interlocken Crescent Blvd. The affected employees, who have no union representation or bumping rights, will permanently leave the company.
The Broomfield office, which opened in 2008, has been a key location for VMware. However, following the acquisition, the company is undergoing significant restructuring into four divisions. This restructuring received regulatory approval from China, and it follows the departure of VMware CEO Raghu Raghuram after the completion of the acquisition. Broadcom CEO Hock Tan has emphasized an engineering-first approach and plans to continue investing in VMware, focusing on advancing private and hybrid cloud solutions for enterprise customers.
Details regarding the specific job titles impacted by the layoffs are not yet available, as the WARN notice did not include this information. This job reduction strategy indicates a shift in Broadcom’s operations, aiming to streamline its workforce as it integrates VMware’s operations and sets a new direction for the company.
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