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PE companies usually do. They will just layoff a bunch of people cut salaries and probably saddle it with debt and get as much cash flow they can from the compa
by samfisher83 10y ago
PE companies usually do. They will just layoff a bunch of people cut salaries and probably saddle it with debt and get as much cash flow they can from the company.
- slantedview 10y ago...and that's if things go as planned, where the result will be a smoldering mess of mediocrity.
- bluetwo 10y agoLayoff the people with know-how, but also hire a bunch of salespeople with lucrative commission plans.
- kregasaurusrex 10y agoPrimarily this. PE firms tend to do a poor job at putting people in charge who know a company's full stack operations, and tend to underpay new non-sales hires which results in a net loss of talent for the company. Do this too often and you become a stagnant company that can't draw in new customers.
- deleted 10y ago[deleted]