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Hang on, what mid-sized independent software companies have been around with the same corporate ownership since 1992? In today's world of corporate growth via
by iwanttocomment 4y ago
Hang on, what mid-sized independent software companies have been around with the same corporate ownership since 1992?
In today's world of corporate growth via acquisition, having a modestly successful job with a modestly successful mid-sized company in no way insulates you from the economic forces of the outside world.
Legitimate modest success tends to result either in a series of endless acquisitions where a mid-size business gets absorbed into incrementally larger businesses time after time - or where the business gets acquired by one of the larger, monolithic players in the industry. With any acquisition, restructurings, layoffs and product changes have substantial impact on those moderately successful staffers.
Alternately, stagnation or modest decline typically results in vulnerability to market forces which results again in a buyout by another player in the market, or a buyout by a private equity group who cuts costs, lays off staff, and tries to leverage whatever assets they can to maximize their return at the expense of the business itself. The effects on the staffers are even worse.
Sure, you can find a boring, moderately successful job for yourself. It may last 5, even 10 years. But the days of being able to have a modestly successful, boring job with the same company for 30 years appear to be completely gone.