Broadcom, the chip manufacturer has reportedly trimmed its workforce, affecting several roles in sales and accounts divisions.
As per a BI report, the cuts took place last week but no official statement has been made in this context yet.
Interestingly, the company entered into a partnership with OpenAI, just about a week ago, involving the deployment of 10 gigawatts of custom AI accelerators in the middle of next year. The two entities will reportedly manufacture custom graphics processing units or GPUs together. OpenAI will produce GPUs with the help of Broadcom even as it engages the latter’s networking solutions for its racks.
The job cuts have reportedly impacted more customer-facing roles than technical ones.
Restructuring has been happening at the company, as per media reports, ever since it acquired VMware in 2023.
Following this, thousands of roles were rendered redundant, globally, at the virtual machine company across various divisions, including software development, administration, cloud engineering, sales and marketing positions.
Recently, Broadcom sold the headquarters of VMware in a deal worth over a $100 million to Harvest Properties and TPG Real Estate, as per media reports.
Just before the partnership with OpenAI, Broadcom posted record revenues of $15.95 billion, which is 22 per cent more than the same time last year.
