Got laid off - should I tell the school? When should I tell the school?

Dozens of people, including myself, got laid at my company shortly after it was acquired. I submitted my application to the school before it happened. My final day isn't until the 2nd week of April which happens to be around the time interview invites should be getting out.

I also referenced the acquisition in one of my essays (and it's on my resume). If I get interviewed, I'll expect it to come up. The school said if there is any update/ changes to your job, you should notify them ASAP but I did represent my application "honestly" at the time of the submission. The policy language is at the bottom, bold is mine.

I am not worried about answering questions regarding getting laid off since I'm being very proactive about my situation. What I'm worried more about is if it'll lower my chances getting accepted/ getting interview invite.

I was also thinking of notifying them last-minute, maybe when I'm officially laid off (in April).

Thoughts?

LANGUAGE:

"...By submitting this application and any supporting materials, you attest that all information submitted is the product of your own work, factually true, and honestly represented...

"NYU Stern reserves the right to take any and all reasonable steps to verify the accuracy of all information you have provided, including but not limited to validating the accuracy of submitted application information with appropriate sources. You attest that you will notify NYU Stern immediately should there be any change to the information requested in this application."