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by rootusrootus 1331 days ago
> It's less likely to happen for well-run, profitable companies that are just being acquired for talent or synergy reasons.

Even then, it happens. My current company (mid sized, ~6000 employees) was recently acquired. Taken from public to private in the process. There's no broad plan to change what we do or how we do it, we are in an established market with pretty solid revenue numbers. They still axed the top three executives immediately.