Our company was acquired by Aptean.
Aptean told us they will grow our business, and that was exciting - we were expecting a capital injection, investment into us, etc.
About a year later, Aptean started to lay us off - a good chunk of resources in our our R&D division were laid off, portions of QA/testing were let go as well.
They treated laid off people with respect, the layoff terms were better than what our competitors offer and people are appreciative because of this. Yet, layoffs are never fun, so there is still anxiety about this.