Broadcom Lays Off VMware Employees After Closing Its $69 Billion Acquisition

After acquiring VMware for $69 billion, Broadcom is eliminating several positions at the virtualization technology company. Business Insider reports: Employees whose positions were eliminated received an email on Monday, viewed by Business Insider, that read: "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 regret to inform you that your position is being eliminated and your employment will be terminated." "We would like to thank you for your dedication and service. 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. Currently, it's unclear exactly how many employees will be affected by the cuts.

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