Broadcom's acquisition of VMware in late 2023 has led to a significant workforce reduction, with the employee count dropping from over 38,000 to approximately 16,000. This aggressive cost-cutting move by CEO Hock Tan, while controversial, has pleased Wall Street as he aims to improve profitability. Layoffs have affected various departments, including sales and professional services. Additionally, changes such as a shift to a subscription model and office attendance requirements have been implemented to streamline operations and optimize resource allocation.
Broadcom's CEO Hock Tan has implemented an aggressive cost-cutting strategy, halving VMware's workforce and focusing on profitability, which has delighted Wall Street analysts.
Since the acquisition, VMware's workforce has dropped from 38,000 to around 16,000, with significant layoffs in various departments, including sales and professional services.
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