Then one day they brought everyone in a big presentation hall and fired everyone. We got 3 months advance notice and then minimum of 2 months of salary as a severance. Ironically, they didn't use the afterhours consulting company. Instead, they hired another offshore consulting company for the actual dev work. I guess they were spreading their risk.
We were ordered to train our replacements in our respective areas. That was the most painful part. The original offshore team also felt betrayed, I guess, and there was very hostile environment.
But three months of advance notice was very nice. Some of us got jobs during those 3 months, and started making double salaries. Managers were also part of layoff, so they didn't care. Executives were absentee mostly and they possibly didn't care either.
I needed an excuse for a long vacation, so I didn't look for work immediately. Instead I enjoyed traveling, my hobbies and side projects.
2. No. Other than that it happened during GFC, I don't think it impacted my career. I have gotten multiple simultaneous job offers since then.
3. No, don't think anyone cares.