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Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company
(www.businessinsider.com)
this post was submitted on 27 Nov 2023
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It didn't have to. It had to benefit shareholders and stock prices, that's it.
That said, you can be damn sure it benefited the executive teams at both companies, very lucratively. Anyone below VP level can get bent, of course, as is tradition with M&A deals.