According to reports, Broadcom announced yesterday that it has laid off about 1,100 employees in its operations to reduce the costs of acquiring Brocade Communications Systems.

In November last year, Broadcom completed the acquisition of Brocade Communications Systems, a network equipment manufacturer, for $5.5 billion. Broadcom said it will further evaluate its resources and may reduce some of its positions. The company stated that it had incurred about $143 million in restructuring expenses in the first two quarters of fiscal year 2018, mainly due to employee severance expenses.