Broadcom lays off 1,100; may lay off more

Broadcom has laid off about 1,100 employees and will very likely lay off more. “Management is in the process of further evaluating our resources and business needs and may eliminate additional positions, which would result in additional restructuring costs,” says the 10-Q regulatory filing in which Broadcom announced its lay-offs. The current lay-off follows Broadcom’s  ...

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