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Broadcom will fire a third of Qualcomm staff
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Broadcom will fire a third of Qualcomm staff
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21st December 2017, 19:19
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,578
 |  Broadcom will fire a third of Qualcomm staff Comment: This is not a merger it is an asset strip It is starting to look like Broadcom's take over of Qualcomm will be less of a merger and more of an asset strip. While most people associate Broadcom with Wi-Fi and Bluetooth chipsets and a few processors, But Broadcom is a company called Avago which is a spin-off of Hewlett-Packard. In recent years it has been buying and asset stripping companies. This has resulted in excellent financial performance, but the outfit is a tech equivalent fo a car wrecker. http://fudzilla.com/news/45223-broad...qualcomm-staff |
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