Broadcom layoffs: Jobs cuts in multiple teams; it recently announced $100B+ OpenAI partnership

Chip giant Broadcom recently laid off employees in customer-facing roles, including sales and account management. This follows a significant strategic partnership with OpenAI to develop custom AI accelerators, signaling a focus on its high-margin chip design business amidst broader restructuring after the VMware acquisition. Chip giant Broadcom recently laid off employees in customer-facing roles, including sales and account management. This follows a significant strategic partnership with OpenAI to develop custom AI accelerators, signaling a focus on its high-margin chip design business amidst broader restructuring after the VMware acquisition.