Shortly after finalizing its $18.9 billion acquisition of CA Technologies in 2018, Broadcom took steps to “optimise” the business, resulting in the dismissal of 300 newly acquired employees. An additional 2,000 employees were informed that their positions were in jeopardy.

In addition to the significant layoffs, CA’s application security testing platform, Veracode, was swiftly sold to a private equity firm, even before the acquisition’s details had settled.

Numerous partners and customers express apprehension, their concern stems from a pattern where the entities acquired by Broadcom are often divided and sold off. Moreover, prices are frequently raised without a proportional increase in functionality or value.