Synopsys said it would eliminate approximately 10% of its global workforce as the chip design software company integrates its $35 billion acquisition of engineering simulation firm Ansys. This move could affect up to 2,800 employees. The Sunnyvale, California-based company disclosed the restructuring plan in a Securities and Exchange Commission filing on November 12, stating that the cuts would enable it to "invest in key growth opportunities and drive business efficiencies" following the Ansys deal, which closed in July.