So I'm not going into specifics but I do want to ask, did your company or the company your working for get purchased by an investment company and did you have a long forefilling career after that event, did anything change?
I'm trying to workout if I should be planning for Armageddon or an amazing time to come. I love where I work and I don't want it to change
Let me know your experiences in the comments!
Oldest comments (10)
I've been involved with 3 different acquisitions - including 1 where I was the one being acquired. My take from having this experience a few times:
My goodness I'm looking at WorkTango I didn't expect such informed answers so quickly, thank you! by the way I like the pitch WorkTango is offering on the website it's very strong, I have also had good dealings with some of your customers (Allianz), small big world 🌎.
I'm going to reflect on what you have said and see if I can prepare some contingency plans🤔, it's been a while since I was a developer but as a consultant an a proprietary skillset, I think I should switch back to what I love.
Very well detailed and explained.
This has been very well put...
Oh wow, small world, just got told that we are using it. Im feeling much better about the company now by the way, I look forward to using WorkTango it looks great!
Ah! ForgeRock! I helped answer some due-diligence questions so your company could make the decision to buy. Enjoy the Rewards and Recognition product, it can be a useful tool with building a positive work culture 😎
I've worked for a few companies that have been taken over by big "investment" type corporations. Some have lasted well, some have been unceremoniously dumped after a few token months of pretending to support them and some have muddled along until they managed to find better funding or support themselves.
In the process, people sometimes get shuffled around in the organisation and there are redundancies which are usually what I would call a "terrible management decision and no wonder we're going bust".
Generally, since I've been working on core clients' projects, not much changes for me as a developer except the branding on the pointless free pencils and stuff they dish out.
Until now, I've always been on the acquirer side of this and as a result I've not thought so deeply about it. At the moment I find myself on the other side of the proverbial fence and - like you - I love where I work and I don't want it to change! Very curious about the answers shared in this thread. Thanks for starting the conversations!
So I'm nervous, should I be searching for a job or is it alright I really don't know, people say we should always keep our CVs Résumé up to date I guess that's always true, and maybe just leave when I'm ready not because I smell danger
Change is stressful. Take care of your well-being, and be mindful of how the stress is affecting you.
Being in an acquired company will have a period of turmoil and uncertainty.
Being in the acquiring company can also have a period of turmoil and uncertainty. Especially if the area you are in happens to be the area that the acquisition is strong in.
Support roles in an acquired company is often hit hard for letting people go.