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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: TwinDubbs who wrote (145483)	4/20/2018 8:13:52 PM
From: pcstel	Read Replies (1) \| Respond to of 197031

"Regarding Avago's acquisition of Brocade in 2017, according to an 8-K SEC filing the headcount of Brocade went from 4,600 employees to 5,948 employees." Headcount went UP?? I don't think that data is Factual either.. The majority of these buyouts/layoffs occurred in 2016/ early 2017 and were carried out by Brocade management after the merger ran into delays. Sort of like the same layoffs that are now taking place at Qualcomm.. "Sorry to correct you again, but this is not speculation, this is based on publicly available facts." Here are some publicly available facts November 29, 2017 "Broadcom will chop 300 Brocade jobs in San Jose after acquisition" mercurynews.com So Broadcom laid off 300 Brocade employees after the acquisition was completed. Out of a work force of 4,600 at the time of the finalization of the merger. That equates to a 6.5% reduction.. Far, Far from your 30% figure. Are these the publicly available facts you are referring to? Because they do not align with your speculation of double digit layoffs. Qualcomm current layoff amounts to about a 4% reduction. Don't really see this "Scorched Earth" Mentality in the 6% of Brocade? Like I said.. Just monsters in the closet! And so it goes, PCSTEL

To: TwinDubbs who wrote (145483)	4/20/2018 8:23:32 PM
From: pcstel	Read Replies (1) \| Respond to of 197031

"Regarding Avago's acquisition of Broadcom in 2015, according to the Orange County Business Journal about 29% of Broadcom employees were let go at that time. " ¿¿¿¿¿¿¿¿¿¿ That is NOT what the article stated. The actual Facts are that the article in question stated.. "Irvine is so far bearing the brunt of layoffs following Avago Technologies Ltd.’s $37 billion buy of Broadcom Corp., which closed last week. *The local operation at University Research Park will shed about 29% of its workforce,* according to filings with the California Employment Development Department." ocbj.com So.... 29% of the employees at the Irvine University Research Park location. Not 29% of Broadcom employees in total. The Facts are: ocregister.com "Broadcom Ltd. will cut nearly 700 jobs at its Irvine campus by the end of March, according to state documents. The San Jose-based company plans to lay off about 850 workers statewide including 180 positions in San Jose, Santa Clara and Sunnyvale, according to filings with the Employment Development Department. The chip maker made history last May in a record-breaking tech deal when it was acquired for $37 billion by Singapore-based Avago Technologies. The deal was official nine days ago." So Broadcom/AVGO laid off 700 jobs at the Irvine campus after the acquisition which equated to 29% of the employee roll at the IRVINE CAMPUS. Not 29% of the total employees at Broadcom. It's those small details that get lost when you have an opinion and elect to selectively read what you want to read, either that or you are intentionally attempting to mislead? And so it goes, PCSTEL