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Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% to $9.1B, forecasts Q2 adjusted EBITDA above est.; CART jumps 6%+ after hours (Natalie Lung/Bloomberg)

Natalie Lung / Bloomberg : Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% to $9.1B, forecasts Q2 adjust...

1 December 2023

Filings: Broadcom plans to lay off 1,267 VMware employees in California starting on January 26 and about 600 workers in Washington, Colorado, and Georgia (Aidin Vaziri/San Francisco Chronicle)

Aidin Vaziri / San Francisco Chronicle:
Filings: Broadcom plans to lay off 1,267 VMware employees in California starting on January 26 and about 600 workers in Washington, Colorado, and Georgia  —  Barely a week after completing the $69 billion acquisition of the Palo Alto cloud computing company VMware, Broadcom has started the process of significant workforce reductions.

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