What is the impact of the company's acquisition by private equity funds on layoffs?

Does not affect. According to the law, if the employer is merged or divided, the original labor contract will remain valid, and the employer who inherits its rights and obligations will continue to perform it. Article 33 of the Labor Contract Law stipulates that the change of the name, legal representative, principal responsible person or investor of the employing unit shall not affect the performance of the labor contract.