Rolling job cuts by Broadcom have slashed VMware's workforce roughly in half
1. Broadcom cut VMware's workforce by around 58% post-acquisition. 2. Hock Tan's M&A strategy impresses Wall Street, driving Broadcom's stock. 3. VMware's shift to subscription model lowers churn; 60% customer conversion achieved. 4. Broadcom's stock rose 40% in the past year; market cap hit $1 trillion. 5. Analysts consider VMware a growth opportunity for Broadcom amid restructuring.