From Grapevine. Forced to paying more tax to Singapore Government, so now will be moving HQ from Singapore to Penang, Malaysia.
Major layoffs in Singapore coming up. Some would be willing to take a major pay cut and relocate to Malaysia.
3 replies (most recent on top)
http://www.ocregister.com/2017/08/10/fivepoint-buys-back-broadcom-office-campus-for-443-million/
Lol
Kindly don't spread rumors if they are totally baseless. Some changes are expected in all geographies between Sep.-Oct. India office moving to low cost site.