Broadcom (Now part of Avago) seems to have laid -off it approximately 80 to 90 employees from server team affecting jobs in USA and India. Top management to bottom engineering level, all seems to been affected by this move. Sometime back i heard rumors about Broadcom selling its Server business to unknown company. It is evident from the move that Avago doesn't believe R&D, just get the products out which can make money for it.
You may recall, since Avago acquired Broadcom in multi billion deal it has announced job cuts in large number to align its business priorities.