Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company (www.businessinsider.com)
from L4s@lemmy.world to technology@lemmy.world on 28 Nov 2023 14:00
https://lemmy.world/post/8871790

Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company::Job losses follow Broadcom’s $69 billion acquisition of VMware.

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autotldr@lemmings.world on 28 Nov 2023 14:00 next collapse

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!

ultra@feddit.ro on 29 Nov 2023 19:09 collapse

inb4 they go full-on enshittification