We don't know enough yet. A company cannot take back options, but laying off all employees would save them from having to give the unvested portion. This could

We don't know enough yet. A company cannot take back options, but laying off all employees would save them from having to give the unvested portion. This could easily halve their stock liability to employees, depending on a bunch of factors of course. Now of course if they are being sold for a low price the options are likely useless regardless due to VC liquidation preferences.