They won't lay you off, but by the end you will wish they had. Seriously. Record and conversations you have with them and get everything in writing.
The TB strategy is much worse than layoffs. They put employees in such horrible situations that turnover is unbelievable. The department I am in went from very low single digit turnover annually to >50% in the first six months. All the best people leave.
Domestic job postings exist, but nobody is ever hired. It's a smoke screen of lies to make the company appear to be growling while they are in reality massively downsizing. You are allowed to hire overseas resources, but they even low-ball the overseas people so badly that there is massive attrition.
TB will promise you equity, but problems will keep coming up and you will never actually have it. It's just to string you along.
If you have a bonus in your employment agreement, expect to be set up for failure with all of your metrics. Bonus are not delivered.
When my company got acquired I knew it would be a bumpy ride, but these people are the sc-m of the earth.