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What? How would you feel if someone announced they were buying your company after breaking M&A laws and messing around with a significant portion of your net wo

What? How would you feel if someone announced they were buying your company after breaking M&A laws and messing around with a significant portion of your net worth, tried to back out, further messing around with your net worth, started talking shit about your company, takes it over because they are forced to, then within days, is threating 25% layoffs. Would you want to be in that kind of situation?

TeMPOraL 4y ago
> How would you feel if someone announced they were buying your company after breaking M&A laws and messing around with a significant portion of your net worth, tried to back out, further messing around with your net worth, started talking shit about your company, takes it over because they are forced to As a salaried SE, why would you care? Or is that about SV's love for paying in stock instead of cash? > then within days, is threating 25% layoffs. That's an unconfirmed rumor at best, a lie most likely.
dave78 4y ago
I'm not sure if my perspective is warped or yours is, but from my standpoint this is all pretty common in corporate America. Companies are acquired or merge and most everything changes - polices, training, perks, and almost always significant layoffs. Similar things usually happen to divisions and groups within a company as leadership changes. Has this really not been a thing at places like Twitter? The difference is that usually it's not covered minute-by-minute on all the major news outlets. No one would want to be in this situation yet it happens every day. Where I'm at, new VPs take over our division every couple years and every time they reorganize everything, rename everything, promote some people, lay off a bunch of people, bring in their "people", change polices and procedures, etc. It sucks but it's part of business as far as I can tell. If I walked out every time this happened I think I'd be hard pressed to keep a steady job.

TeMPOraL 4y ago

> How would you feel if someone announced they were buying your company after breaking M&A laws and messing around with a significant portion of your net worth, tried to back out, further messing around with your net worth, started talking shit about your company, takes it over because they are forced to As a salaried SE, why would you care? Or is that about SV's love for paying in stock instead of cash? > then within days, is threating 25% layoffs. That's an unconfirmed rumor at best, a lie most likely.

dave78 4y ago

I'm not sure if my perspective is warped or yours is, but from my standpoint this is all pretty common in corporate America. Companies are acquired or merge and most everything changes - polices, training, perks, and almost always significant layoffs. Similar things usually happen to divisions and groups within a company as leadership changes. Has this really not been a thing at places like Twitter? The difference is that usually it's not covered minute-by-minute on all the major news outlets. No one would want to be in this situation yet it happens every day. Where I'm at, new VPs take over our division every couple years and every time they reorganize everything, rename everything, promote some people, lay off a bunch of people, bring in their "people", change polices and procedures, etc. It sucks but it's part of business as far as I can tell. If I walked out every time this happened I think I'd be hard pressed to keep a steady job.