[notTyler]

Yeah. My last company got bought by them and was told that in spite of their rep for shuttering and turning companies into shells this was absolutely not the case. Cue a few months later almost 10 percent of staff let go, hiring freeze for everyone except the sales department, and closing of the Chicago office to make money. They won't hire new devs even when they quit. If a company gets bought by them and you work there, cash any immediate bonuses and start looking for a new job.

[WhiteSource1]

Because it's not just turning into shells. It's also getting rid of X and replacing them with Y. Replacing workers with workers in other geos or just replacing them with someone else, so the headcount stays steady or even grows but it's a different head.