> Assume good intent. Aggressively assume good intent. I can't account for anyone else, but my experience says the exact opposite. Most of the acquisitions I've seen, are because the acquiring company wants IP/contracts/some other good that they can't build themselves. Once they have that, the employees are on the short-list. Obviously every acquisition is different, and should be judged by it's own circumstances, bu…
How to Survive an Acquisition
31–40 of 133 posts
Re: How to Survive an Acquisition
#32> 3-4 hour daily commute It saddens me that anyone thinks this is acceptable. I know some people don't mind it, but what a waste of your life to do this for any extended period of time.
I have a 3 hour commute (by express bus with comfy seats, etc.). Honestly, I just use the commute time as "me time", not too different from hanging out at home. The long commute lets me be close to my parents, in a neighborhood my wife likes, $1100 rent for a 2 bedroom in NYC, etc.
Re: How to Survive an Acquisition
#33> 3-4 hour daily commute It saddens me that anyone thinks this is acceptable. I know some people don't mind it, but what a waste of your life to do this for any extended period of time.
I commute 2 hours each way per day and you get used to it. It sucks but so do home prices in South Bay.
I'm not going to try to get used to it, never again. Life is too short to waste that much of it in hell. I won't even consider a job with a bad commute anymore. If that limits my employment prospects, so be it - I have a life to live!
Re: How to Survive an Acquisition
#34Its just like a merger on that old TV show Survivor, there's 3000 of us, 100 of you, and after "synergy" there's only going to be 3000 positions, so nothing personal but you are all gone.
The first meetings with the new bosses are a job interview, treat it as such.
Highest priority should be a transfer into the buying company. You want to get on to the existing team as the newest hire, not sitting on the team that's being picked bare before downsizing. Existing teams in the big company have political power and thats all that matters.
Start saving every penny, your job is gone but you have warning you'll be looking for work soon. You may have relo expenses, may not find a job immediately, who knows.
Its easier to find work when you're the first rat to desert the sinking ship, not the last. You want to be the first guy to get a new job. Unless you're 64 and planning to retire, ignore a couple thousand bonus if you stick around. Six months of lost income is probably a lot more than $5K if you're the last downsized. Pretend that bonus doesn't exist unless you're planning on retiring or dropping out.
Assume you've lost it all. The job title, the work environment, the benefits, the vacation time, the seniority, the freedom, the technology. If you get to keep any of it after the merger, you'll feel better.
Sometimes the merger is the time to get away with things. Why, I've always been able to work from home. This is my last chance to upgrade the software without 500 pages of paperwork and procedures, hurry up!
Re: How to Survive an Acquisition
#35> Assume good intent. Aggressively assume good intent. I can't account for anyone else, but my experience says the exact opposite. Most of the acquisitions I've seen, are because the acquiring company wants IP/contracts/some other good that they can't build themselves. Once they have that, the employees are on the short-list. Obviously every acquisition is different, and should be judged by it's own circumstances, bu…
I think she means it in a day-to-day sense. People will make comment and put forth actions that could come off as rude or malicious, but it's more likely they don't understand where you're coming from (a culture clash which could lead to discussion, or to fights, depending)
Re: How to Survive an Acquisition
#36> Assume good intent. Aggressively assume good intent. I can't account for anyone else, but my experience says the exact opposite. Most of the acquisitions I've seen, are because the acquiring company wants IP/contracts/some other good that they can't build themselves. Once they have that, the employees are on the short-list. Obviously every acquisition is different, and should be judged by it's own circumstances, bu…
I think she means it in a day-to-day sense. People will make comment and put forth actions that could come off as rude or malicious, but it's more likely they don't understand where you're coming from (a culture clash which could lead to discussion, or to fights, depending)
Re: How to Survive an Acquisition
#37Holy moly. I've been through an acquisition, and it was the complete opposite experience. But, I have a bad feeling this post is completely right and this is typical. Must really feel terrible. I'm glad this person shared, and I hope they don't get into any kind of trouble over it.
My advice is to polish up your resume and dig your job search network out of the mothballs the instant you catch a whiff of one. If you're lucky, you will have approximately one year to find safe harbor before the storm hits.
I always ask leading questions about ownership structure and acquisitions at interviews now.
Re: How to Survive an Acquisition
#38> One of Facebook’s internal slogans is something like “always do what’s best for Facebook”. Is that real? Like they really have this slogan that like comes straight out of a modern interpretation of Marx's theory of alienation shoved right into their employees faces? http://i.imgur.com/oVb4J0b.png
Re: How to Survive an Acquisition
#39> One of Facebook’s internal slogans is something like “always do what’s best for Facebook”. Is that real? Like they really have this slogan that like comes straight out of a modern interpretation of Marx's theory of alienation shoved right into their employees faces? http://i.imgur.com/oVb4J0b.png
Re: How to Survive an Acquisition
#40Earlier quoted context omitted.
I commute 2 hours each way per day and you get used to it. It sucks but so do home prices in South Bay.
Do you subtract those hours from how much time you'd be in the office or do you spend 12 hours a day away from home every day? I do about 2 hours a day when I'm not biking, but because we have a strong remote-work culture, I find myself working from home more and more, and expect to be fully remote pretty soon.