The acquisition will be finalized sometime in the middle of 2021 if everything goes according to plan. That will give us ample time to get our ducks in order for whatever the future may bring - especially in terms of layoffs. I’ve seen many of my friends in other companies struggle after getting the boot because they didn’t plan ahead. My advice is start now before it gets too late. I hope we will not have any layoffs, but please be prepared if we do.
2 replies (most recent on top)
Agreed. Close deal in March then big layoffs. Good luck everybody!
This deal will close sooner than that. Other Veritas acquisitions are averaging 2 months to close. Most likely layoffs in the hundreds. Just look at what happened to Athenahealth, DXC and other companies they have bought. Gotta be real here.