As layoffs and mergers continue to trend in the tech industry, employees often wonder what happens to them if their company is acquired.

And while a business being sold could signal job cuts, employees working for any of Mark Cuban's affiliates could find themselves in a much more positive situation.

In a post on X last week, Cuban gave a surprising answer when asked what happens to employees at his companies when they are sold, where they go and how they are compensated.

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“In every business I've sold, I've paid bonuses to every employee who was there more than a year,” Cuban wrote, noting that with the sale of Broadcast.com, 300 of the 330 employees working there at the time became millionaires thanks to the $5.7 billion acquisition by Yahoo! In 1999. “(The sale of the Dallas Mavericks) was not a total exit, but we paid more than $35 million to employees. And only HDNet had any layoffs immediately after the sale.”

In every business I've sold, I've paid bonuses to every employee who was there more than a year. https://t.co/02NdL9a41q, 300 out of 330 employees became millionaires. Microsolutions, I paid 20 percent to our 80 employees. HDNet wasn't that big, but it paid about 20 percent… https://t.co/hTvCZnVvUF

— Mark Cuban (@mcuban) June 5, 2024

Cuban also mentioned the sale of Microsolutions and said he paid 20% of the total sale price to the 80 employees working for him at the time. He sold that company to CompuServe in 1990 (the company closed in 2009) for $6 million, the first sale that made him a millionaire.

That means Cuban would have split $1.2 million among the former employees, giving each worker about $15,000 after the sale.

In February interview with entrepreneurCuban said the decision to close a business and lay off employees is always the “hardest” decision he has had to make in his career.

“Both are incredibly painful,” he noted.

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However, Cuban's made a name for himself in the business world through various investments and acquisitions, including at least 85 various companies in which he has invested through success A B C show “Shark Tank”, that he is decided to leave at the end of this season after a solid 13-year run.

According to Bloomberg, Cuban's net income it was about $7.44 billion as of Monday morning.