Chipmaker Broadcom (AVGO.O) will lay off about 1,300 VMware employees in California following its acquisition of the cloud-computing firm, Bloomberg News reported on Thursday.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

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 a leaked email from CEO Hock Tan to employees.

Broadcom closed its $69 billion acquisition of VMware on Nov. 22 after receiving regulatory approval from China.

Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com