What is the likelihood of Broadcom layoffs in Irvine in 2016? Please let me know if you have any information.
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There are so many farewell emails today as Fri Jan29th, 2016
Broadcom turned may engineers to transition (contractors) between 12 mos to 15 mos.
then will let them go. Then, public would only sees as Broadcom let the contractors leave.
Not an lay-off.
Things are happeing now.
Guys any update ? I heard letter will be emailed from Tomorrow..any idea how ugly this is going to be ??
There will be announce of layoff coming in next few days.
Broadcom will layoff 2016 and 2017 start looking now for new work but your 100K+ job is gone.
Depending on your worth to pay ratio, All CEO's decide on that factor....There will be cuts...
Anyone knows how many will be laid off?
DesiHulk , Do you the number?
The likelihood of layoffs in Irvine or the US in general is high. From what I gather from folks around here, there one in three might face the axe. Avago and its high margin business strategy pushes most of the work to low cost countries like India and they are moving their headquarters from US to Singapore precisely for this reason.
Better safe than sorry I would say.