Experience going through company acquisition?
Anyone have experience working at a firm that was acquired, and the events that followed?
The pitch is we more-or-less will continue to operate in the same way, but I always try to read between the lines. Singular layoffs (poor performers, recent hires, etc.) have already been occurring, and every company update we get keeps getting worse. To me the writing is on the wall.
I've heard enough bad stories of people working for firms that got acquired with the company just going to shit and they end up leaving eventually. My gut feeling is to not be the one holding the bag for when overhead is cut and workload doubles, and in a way being stuck.
Fielding recruiter calls right now to keep my options open - if a similar position with same pay/title opens up I'm more apt to take it, but current economic climate isn't helping. Thanks in advance for any thoughts.
It seems they tell you that "business as usual" to keep people from leaving and then when the merger happens a lot of people are either let go or leave within a year as roles get redefined. Maybe they have 2 people who do your same job and at the end of the day only 2 total is necessary, the company is going to do what's best for them and the principals and will cut you without hesitation if they need to cut expenses.
I haven't gone through one but looking at the JLL/HFF merger and the fallout there I would say it could be similar, especially if on the principal side shops run lean.
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