- Knusper ( @Knusper@feddit.de ) 4•10 months ago
Can someone tell me why this is so common? To buy a company and then lay off a significant portion of the people working in it…?
Most of the time, companies are bought either for patents or products they have. So they either don’t need the workforce or already have their own.
- Sonori ( @sonori@beehaw.org ) 6•10 months ago
It’s also worth noting in this case that a large part of Broadcoms business model is to buy enterprise products with high vendor lock in, fire all support and development, jack up the price, and basically just squeeze as much money as possible out of very business that is to slow or unwilling to change.
- Doombot1 ( @Doombot1@beehaw.org ) 3•10 months ago
Yep. Broadcom fucking sucks, they’re and they’re really good at doing this. Can’t wait until VMWare costs more than the systems it’ll be running on 🙄
- darkfiremp3 ( @darkfiremp3@beehaw.org ) 3•10 months ago
If it’s the people working on VMware Blockchain… then I get it…