AM I NEXT? BROADCOM - CA TECHNOLOGIES

 Am I Next> Broadcom lays off 2,000 employees after acquisition of CA technologies.

It should come as no surprise that San Jose, California-based Broadcom, the semiconductor chip manufacturer that acquired New York City, New York-based commercial software developer CA technologies on November 5, 2018, immediately announced the layoff of up to 2,000 CA employees days after the completion of the $18.9 billion acquisition. The layoffs mainly occurred in Islandia, New York and New York City.

Spouting the usual corporate platitudes, a Broadcom spokesperson noted, “As with any acquisition, we seek to align skills and resources to most effectively pursue today’s market opportunities. This inevitably requires reductions in select areas of the company. These are difficult but necessary decisions.”

My life in the IBM mainframe world was made immeasurably better with CA products, especially those involved with security, tape library management, and ad hoc reporting.

It can happen to anyone, anytime, anywhere ... are you wondering, Am I Next?