Broadcom Begins Layoffs and Consolidation at VMware Following Acquisition

CEO Hock Tan announces return-to-office policy, plans to close small offices and relocate headquarters to Palo Alto.

Broadcom, after acquiring VMware for $69 billion, has started laying off employees and consolidating teams, particularly in sales, HR, and finance.
Broadcom CEO Hock Tan announced a new policy requiring employees living within 50 miles of an office to return to in-person work, with exceptions for customer-facing roles.
Broadcom is also planning to close offices where business is small and integrate offices where there is overlap between Broadcom and VMware.
Broadcom is set to relocate its headquarters to Palo Alto, where VMware is based.
Broadcom is looking into strategic alternatives for its End-User Computing and Carbon Black units.