Join Date: Jun 2003
Location: Philadelphia, PA, USA
Re: advice on job situation
Does your company have any particular intellectual property that the other companies want to purchase? Products, patents, etc.? Or is your company more of a service company? If product lines and patents are the main draw to purchase your company, I would not be surprised if they lay many of you off, and just keep the product line and the patents. I've gone through layoffs about 3 times. For the time being, assume that you are going to get laid off.
If your company provides services rather than products, you may have a greater likelihood of surviving the merger. Also, if you have specialized systems / training that they need, you are more likely to survive it, as well.
Would you be getting severance if you got laid off? That's a big question. I had a very good severance package during one layoff, and a really crappy one during another layoff. Assume that you are going to get laid off. If you had a good severance package, that could buy you some time in finding another decent job. If you will not be getting a good severance package, then I'd definitely be going for the new job that you've been offered.