Tech

VMware job cuts have begun as Broadcom nears a deadline to close its acquisition

VMware CEO Rangarajan Raghuram
VMware CEO Rangarajan Raghuram Getty
Read in app

VMware has begun job cuts this week as a deadline for Broadcom's planned acquisition of the cloud company nears, according to LinkedIn posts.

Broadcom has said that it expects to close its VMware deal by October 30, although China is weighing holding the transaction up, the Financial Times reported.

"To my VMware brothers and sisters who were hoping for an offer to stay after the acquisition and didn't receive one (or haven't heard yet), I have one message for you: hold your heads up high," VMware vice president Joel Neeb wrote in a LinkedIn post Friday.

"I've been pretty good at avoiding uncertainty, mergers, bankruptcies, etc. for over 23 years in IT, but now 2023 has some sad news for me," Nigel Hickey, another VMware employee, wrote. "Starting today, no more wandering in the unknown, I'm looking for new opportunities."

Previously, Insider reported that Broadcom was planning drastic job cuts and VMware employees would either get a Broadcom offer, a transitional offer, or get severance.

Insider has reached out to VMware and Broadcom for comment.

Got a tip? Contact this reporter via email at rmchan@insider.com, Signal at 646.376.6106, or Telegram at @rosaliechan. (PR pitches by email only, please.) Other types of secure messaging available upon request.

Read next

Rosalie Chan headshot
Rosalie Chan
Rosalie Chan is a senior editor for Business Insider's tech team. Previously, she covered cloud computing and enterprise tech, reporting on companies like Google Cloud, Amazon Web Services, Microsoft, Intel, Alibaba Cloud, Atlassian, GitHub, VMware, Broadcom, and more. She has written extensively on topics including cloud computing, developer companies, open source, and sexism and sexual harassment in the tech industry. She has received the San Francisco Press Club award for continuing coverage for her reporting on sexism and sexual harassment in Silicon Slopes and the Excellence in Business / Consumer / Tech Reporting award from the Asian American Journalists Association for her investigation into the coding boot camp Holberton School. Most recently, she was an editor on the Business Insider investigative package, The True Cost of Data Centers, which received a George Polk Award and an honorable mention from SABEW.Rosalie joined Business Insider after working as a software engineer and freelance journalist. She studied journalism, computer science, and technology and business law at Northwestern University. Her work has previously appeared in TIME, the Huffington Post, VICE, Pacific Standard, Inverse, Chicago magazine, the Chicago Reporter, and more. She's based in San Francisco.