After Broadcom completes its acquisition, it is reported that it will lay off many VMware employees

According to news from this site on November 28, Businessinsider reported that Broadcom laid off some employees of the company after completing its acquisition of VMware

On Monday, some VMware employees received an email The email stated that Broadcom's acquisition of VMware announced last week has been completed and their positions will be eliminated

Broadcom recently completed its acquisition of VMware. As part of the integration plan, we conducted an organizational needs assessment to identify personnel needs within the combined company. We regret to inform you that your position will be canceled and your employment relationship will be terminated

Broadcom in May 2022 In March, it announced its intention to acquire VMWare. The purchase price at that time was US$142.50 per share, totaling approximately US$61 billion (note on this site: currently approximately RMB 436.76 billion).

The company completed the transaction on November 22 this year after obtaining approvals from regulatory agencies including the United States, United Kingdom and China. However, Broadcom will bear VMware's $8 billion (currently about 57.28 billion yuan) of net debt. At present, it is unclear how many employees will be affected by the layoffs. Broadcom did not immediately respond to a request for comment.

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