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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

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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