Well, got a great email today saying that the company I work for has been acquired. I’m supposed to be getting a phone call at some point explaining how this is going to affect me but who knows. Working from home and not having any contacts at headquarters anymore I’m pretty much out of the loop.
Judging from the email, I don’t think anyone is getting laid off or anything (at least not immediately). They can’t really talk about what will happen until the deal officially goes through in the next month or so. Maybe those stock options I have will finally be worth something though.
[UPDATE]
Well, the higher up guy who was supposed to call me never did that so I don’t really have any new information. I did learn a valuable lesson though: I am apparently not very important!
April 30th, 2008 at 10:58 am
Woot?
April 30th, 2008 at 11:05 am
yeah, it certainly is … something.
I’m still waiting on the phone call but according to another coworker who has talked to management “it’s all good news and everyone is excited.”
Also, supposedly the new company would have better benefits including possibly better tuition reimbursement program. I’m all for that since I’m starting taking classes for a masters in Human Computer Interaction this summer.
May 1st, 2008 at 1:19 pm
stock options are so 1992.
…here’s hoping it’s all for the best!!
May 2nd, 2008 at 11:47 am
You just learned that?
Don’t believe anything. Acquistions always lead to downsizing. Just hope your on the right team in that twisted game.
May 2nd, 2008 at 11:52 am
I actually already knew I wasn’t important but I just think it’s hilarious that they couldn’t find even 5 minutes to say, “Hey, we’re being acquired. Catch you guy on the flip-flop!”
And I’m sure that the acquisition will get rid of some of our staff, I don’t know if that’s happening just yet and since it’s a business they weren’t in before there certainly isn’t a guy at the company who would be ready day one to come in and do what I do.
I’d be more worried if I were in some support role that already has better processes in the larger company (HR, accounting, purchasing, etc.).
I figure I’ll just play it as it goes and make sure that I’ve got enough money saved up if anything does happen.
May 2nd, 2008 at 5:36 pm
I’ve been through acquisition, but my anecdote is about a field guy who was in the office for the first time in something like 3-4 months and asked me “Hey, do you know where my boss is?”
I said, “Who’s your boss?”
He said “Blahzen Bleezenlblop (insert real name here)”.
“Oh, Blahzen left week before last.”
“What????”
“Yeah, didn’t he tell you.”
“Nope.”
June 6th, 2008 at 10:34 am
Heh, I missed the only acquisition I have been close to by a week. I went back to school shortly before the dotcom I was working for over the summer was fully acquired by a funding partner. They laid off the entire in which section I had been working.