I've seen companies go on hiring sprees just prior to being acquired, which I don't fully understand. I guess the company tries to puff itself up to fetch a larger asking price? Guessing base cost factors in to sale price.
It's shitty, cuz their playing with people's lives. As soon as the acquiring company takes over, their like "what's with all these unnecessary people?"
Maybe it is to create the 'inefficiencies' which the merger can then 'synergize' away, so that the acquiring execs can get bigger bonuses. Because I've yet to see one instance where real (non-stupid/contrived) synergies actually occurred as foreseen, but plenty of cynical M&A.
Also plenty of absolutely atrocious dysynergies in corp history of course.
It's shitty, cuz their playing with people's lives. As soon as the acquiring company takes over, their like "what's with all these unnecessary people?"