Symantec’s performance under Broadcom is raising red flags among investors as the division continues to bleed money. Once a dominant force in enterprise security, Symantec is now losing major A-list customers.
Rather than retaining its stronghold in the large enterprise market, the company appears to be shifting its focus toward small and medium-sized businesses (SMBs)—a move that has left investors questioning its long-term viability. So many are wondering if Symantec is still the powerhouse it once was or if it’s slowly becoming a liability.
Is this the beginning of the end for Symantec as a leader in enterprise security? Let me know your thoughts.