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Broadcom to Cut Up to 1,900 Jobs

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Mar 4, 2016, 8:33 AM   by Eric M. Zeman   @phonescooper

Broadcom 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.

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