Broadcom lays off 1,100; may 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 $5.5 billion acquisition of Brocade in November.
E-mail This Article | Printer-Friendly Page |
Related News
- North American Semiconductor Equipment Industry Posts May 2014 Book-to-Bill Ratio of 1.00
- MIPS Technologies Unveils Industry's First Fully Synthesizable Processors to Surpass 1 GHz; Broadcom Takes Early License
- Multicore designs might force Intel off its bus; Integrated memory controllers may loom large in future designs
- Imagination to lay off 20% of staff
- Global Semiconductor Sales Decrease 8.7% in First Quarter; March Sales Tick Up Month-to-Month for First Time Since May 2022
Breaking News
- Ceva multi-protocol wireless IP could simplify IoT MCU and SoC development
- Controversial former Arm China CEO founds RISC-V chip startup
- Fundamental Inventions Enable the Best PPA and Most Portable eFPGA/DSP/SDR/AI IP for Adaptable SoCs
- Cadence and TSMC Collaborate on Wide-Ranging Innovations to Transform System and Semiconductor Design
- Numem at the Design & Reuse IP SoC Silicon Valley 2024
Most Popular
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Qualitas Semiconductor Appoints HSRP as its Distributor for the China Markets
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
- Credo at TSMC 2024 North America Technology Symposium
- Huawei Mate 60 Pro processor made on SMIC 7nm N+2 process