I was employed by a company (X). I was permanent, and had a signed contract. I felt secure in my job so purchased a home to be closer to work. I purchased the home in July 2014. All staff were called into a meeting the week before last (by the Manager of company X, he advised us that company X had been sold to company Z. We were told that company Z wanted us to be assured that every person would be kept on in their current roles. We were told that company Z would be coming in to speak to us immediately. Company Z Management came in immediately and told us of some changes that would take place. They told us that one of the owners of company X had approached him (General Manager of company Z) with an offer of selling company X. This initial contact took place about a year ago. I joined company X in October 2013. I did not buy my property until I passed my probation, and was sure that I had permanent, secure and stable employment. At this meeting the Manager of company Z told us verbally that all of our jobs were safe. I would not have purchased my home if I had of known negotiations of sale were taking place. This information was not made public. It was totally secretive. I went to work on Wednesday August 13 2014. I was told by the manager of company X that settlement with company Z would take place at 5pm on Thursday August 14 2014. I was told that as a consequence of the sale I was no longer employed. I believe the contract of sale stipulated that all staff entitlements would be honoured.