24 July 2014

Broadcom to lay-off

Another lay-off in sight in addition to the big one recently announced by Microsoft - Nokia. Broadcom tried to sell its cellular baseband business, ultimately failed to attract anyone ! Earlier Texas Instrument (TI) closed its OMAP platform. We know it is bad for employees, what about VLSI industry as a whole? Are big guys like Qualcomm establishing its monopoly further? Or is that technology is not growing in tandem with benchmark standards? This is not a trend to welcome !

Broadcom to lay off 2,500 employees