I worked at a fintech company for 8 years until I transitioned to a competitor at the end of April. Recently, I learned that my former company was purchased by a private equity consortium, and it has left me wondering about the future there. I know that acquisitions can lead to significant changes, and I'm curious about the potential for layoffs. I've heard from others that private equity firms often aim to cut costs to enhance profitability, but I'm also aware that the impact can vary depending on the specific industry and the purchaser's strategy. I'm reaching out to see if anyone has experience with similar situations and can share insights on what I might expect for my old company.