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I worked for a company that was bought by private equity. Your management screwed up and couldn't figure out how to make money with this division. A takeover
by supahfly_remix 10y ago
I worked for a company that was bought by private equity. Your management screwed up and couldn't figure out how to make money with this division. A takeover by PE is rarely done if business is going well.
This comment is accurate. To add, these PE firms will chop up your company and "unlock hidden value" by selling subdivisions to other companies. They sometimes do some "financial engineering" to load up the company with debt. Take a look at what happened to Freescale.
My suggestion is to develop your skills and to move to another company when you find a better opportunity. If you feel you are going to be laid off, then act sooner.