When JH was acquired by Manulife Financial in 2004, long time employees suffered a culture shock. Fortunately, I had been there only 3.5 years, so I was still integrating into the old culture, so it was an easier transition for me than for others.
The new company has made a lot of smart decisions during difficult financial times, often at the expense of employees. While the survivors are treated well, there is little loyalty now in either direction.
The quality of work is good. The direction of the company seems promising. But I would not want to work there again.