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Comment by bsimpson

6 days ago

I don't like it either, but it doesn't seem unprecedented. Companies sell units to each other (complete with staff) all the time.

I'm pretty sure everyone who worked at Universal Studios still worked there after Comcast bought them. I don't recall any staff being included when Google sold Domains to Squarespace, but they very well could have been.

Hell, if you've ever temped in tech, sometimes you wake up and find out you work for a different agency. "Yesterday you worked at Magnit. Today you work at TechPro."

Or it could be something in between - the buyer offers you a new contract and the seller says you'll be laid off if you don't take it.