214
Broadcom lays off VMware employees after closing its $69 billion acquisition of the company
(www.businessinsider.com)
this post was submitted on 27 Nov 2023
214 points (98.2% liked)
Technology
58081 readers
3155 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
Many VMware employees learned Monday that their positions will be eliminated following Broadcom closing its acquisition of the company.
Employees whose positions were eliminated received an email on Monday viewed by Business Insider that said, "Broadcom recently completed its acquisition of VMware.
As part of integration planning, and following an organizational needs assessment, we identified go-forward roles that will be required within the combined company.
We want to make this transition as smooth as possible, including offering you a generous severance package and providing you a non-working paid notice period," the email continued.
VMware had already begun job cuts prior to the acquisition closing, BI previously reported.
In the past year, several top VMware executives have left the cloud computing company.
The original article contains 333 words, the summary contains 121 words. Saved 64%. I'm a bot and I'm open source!