Do people lose jobs if a store is bought by some other company?

A&P sold my store that i was working in to stop and shop and other stores they own to keyfood

will i lose my job or given a chance of a interview?
how does this work?

if a company sells a store to a buyer company what happens?
the store name is going to change

Best Answer:

fdasgewgew: often times people will lose their jobs when a company is acquired, because of duplication of staff. So people in Marketing, Sales, Operations, HR, etc. generally get downsized

Other answer:

Anaconda Rollercoaster
If the store stays open, they usually keep the floor staff, it's the management that usually gets changed.
Yes, it happens very often but not always.

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