As a ppl manager I am watching very closely who is working and who is checking out. Latter category will be terminated based on job abandonment or put on a performance plan. No severance.
As a people manager as well, I expect my team to have decreased work and motivation. I expect things to go slow as they juggle stress. I will extend PTO and whatever allowances I can while we get through this. Take time to focus on yourself and your skills, as long as the critical tasks get done.
But, there is a middle-ground here.
I will take note of people who are abusing that flexibility and expect them to be producing within a quarter post-close.
The last open req we put out had over 1,000 applicants. There is an extremely hungry market for jobs at VMware. So if you think you can just cruise through this, installing a mouse jiggler and playing Xbox all day, it won't work out in the long run.