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Broadcom lays off many VMware employees after closing its $69 billion acquisition of the company
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
It is jargon for sure, and bloviating to mask layoffs.
A merger will always have layoffs because there will be duplication of roles, especially in lower/middle management.
Some duplication may also occur in boots-on-the-ground roles, depending on the companies.