New Year Brings Unemployment as Business Cuts Jobs in Virginia
It won't be a great start to the New Year for some employees at VMWare following the news they will be losing their jobs in January.
Under the Worker Adjustment and Retraining Notification Act, an employer with more than 100 full-time workers must provide a 60-day notice before laying off 50 or more people at a single site.
VMware filed a notice with the Virginia Employment Commission yesterday advising that 116 staff at its office in Reston will be laid off on January 26. Employees learned on Monday that their positions would be eliminated due to the company being acquired by Broadcom. Broadcom closed its $69 billion acquisition of VMware on November 22.
Employees who were laid off received an email advising them of the news.
"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."
It is the latest blow to the Virginia workforce. So far this year, forty-six companies have cut over 4,000 positions across Virginia, far more than in 2021 or 2022.
Are you concerned about these job losses? Do you fear the United States could be heading toward a recession? Who is to blame for job losses? Is there anything Gov. Youngkin can do to address these job cuts?
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