Broadcom to Cut Up to 1,900 Jobs

Posted by at 10:44 am on March 4, 2016

Broadcom LopgoBroadcom Limited said it plans to reduce its headcount by about 1,900 jobs.

The cuts will be made across Broadcom’s global facilities and the company expects to take a charge of $650 million to cover the cost of the cuts.

Broadcom Limited is a wholly owned subsidiary of Avago, which closed its $37 billion acquisition of Broadcom last month.

Broadcom supplies chips to phone makers, including Apple.

Leave a Reply

Sign Up For Our Newsletter

Sign up to receive breaking news
as well as receive other site updates

Enter your Email


Preview | Powered by FeedBlitz

Log in

Copyright © 2008 - 2024 · StreetCorner Media , LLC· All Rights Reserved ·