Poll of the Day > Yay our company got acquired

(+) Yeah! (+)

2nd time now iv worked for a company that got bought out. You get the damn VPs from the new company showing up for a week to check out what they've bought then all your coworkers start back stabbing trying to survive the upcoming cuts.

Fun times. Fun times.

Oh yes I remember.
Company I worked for turned into the free with every happy meal toy. We had a new owner every year. Did the stupid all hands welcome new owners every year. And then every year they would try to shut us down or pivot us, fail, and sell again.

Far as I know, the company was sold again like 1 year after I left, and then at least 4 more times before I lost contact.

It was so bad we kept the branding in a jpg file beside every exe so it would show the correct company Logo that year without us even bothering to recompile.
"Dimensions are wrong"
"Idgaf, we'll fix it next year"

I get why it happens (capitalism, ho!), but the idea of buying a company and then ditching half of the workers that made it into the thing you wanted to buy has never made much sense to me. It's like buying a box of cookies, dumping out the cookies, then trying to figure out how to make the box taste good.

https://www.youtube.com/watch?v=3nObH1R9ONw

adjl posted...

It's like buying a box of cookies, dumping out the cookies, then trying to figure out how to make the box taste good.

you don't have to spend money making the cookies and can just sell a bunch of empty boxes for a while! you're good at making empty boxes because you've done this a bunch of times

Start looking for a new job, now.

Questionmarktarius posted...

Start looking for a new job, now.

Fax

you could do it tomorrow if you wanted to too

Why would you look for a job now? Wouldn't you wait for a payout?

Or is it because the job market is bad right now

josh posted...

Why would you look for a job now? Wouldn't you wait for a payout?

Or is it because the job market is bad right now

That's a good question. My coworkers all had this discussion.

The last time I got acquired then eventually laid off I was given a severance and unemployment so I never lost money and found a new job within 5 months.

I also use to work with a guy who stuck it out through the acquisition and he's making like 150k at the new company. He's living good. Likes what he does.

Always a gamble, I don't envy your position. Good luck to you though.

You can't just acquire a company, man.
Companies are people, too.

My previous company, eternally struggling to keep its head above the water, entered a partnership with another that soon devolved into them buying us out, except we had no market value at all and they ended up essentially getting the already tiny place for free. Then found they couldn't make it profitable either, sold the remaining customers to a number of competitors and retained one employee until the end to guide the customers over. That employee was me. I received an agreed upon bonus for sticking it out to the end (or slightly less than half of one, tax office said thank you for 60% of it), and more to the point, one of the companies that took over customers was impressed with me helping to convert some of our customers to their software, and offered me a job also. And that's where I still am now.

Lokarin posted...

https://www.youtube.com/watch?v=3nObH1R9ONw

wtfLOL

No.

All I've ever worked at was the local newspaper, Wal-Mart and my current company has been around since 1924.

Sashanan posted...

My previous company, eternally struggling to keep its head above the water, entered a partnership with another that soon devolved into them buying us out, except we had no market value at all and they ended up essentially getting the already tiny place for free. Then found they couldn't make it profitable either, sold the remaining customers to a number of competitors and retained one employee until the end to guide the customers over. That employee was me. I received an agreed upon bonus for sticking it out to the end (or slightly less than half of one, tax office said thank you for 60% of it), and more to the point, one of the companies that took over customers was impressed with me helping to convert some of our customers to their software, and offered me a job also. And that's where I still am now.

Nice.

I went through this once. I survived the culling because I'm not useless chaff.

teddy241 posted...

Nice.

the 60% tax part isn't very nice.

Questionmarktarius posted...

the 60% tax part isn't very nice.

Typically the tax on regular wages isn't quite so bad, but for something on top of it, be it overtime pay or a bonus like this, all the deductions do not apply and it's hit pretty hard. But it was an extra still, I had nothing else lined up yet, in fact registered with the chamber of commerce to solo for a while, until blessedly the whole deal landed me my current job. Working from home (ideally timed because this was shortly before the corona lockdowns started, something my previous company would not have survived as they were not at all set up to permit remote work), and better paid than my previous boss could ever afford.

PrettyBoyFloyd posted...

No.

All I've ever worked at was the local newspaper, Wal-Mart and my current company has been around since 1924.

I've never been part of a merger/acquisition but I did bail from a company about 6 months before it went under. And I don't mean "it went bankrupt and had to close" I mean "the owner skipped town overnight and there were dozens of illegal workers who hadn't been paid in a month left protesting outside one location". To my knowledge they never did get paid.

SunWuKung420 posted...

I went through this once. I survived the culling because I'm not useless chaff.

Cmon buddy. We know thats not true.

Cacciato posted...

Cmon buddy. We know thats not true.

Do me a favor and Google "Nouricel MD". I was the first person to make a commercial batch after I took over from product development in my mid 20s. I even trained the group that took over after we sold off the IP to the customer.

I also grew the cell line for Dermagraft and Transcyte. Google all of the these products and I know about them because I've made them.

So please could you kindly stop posting in regards to me because you're always wrong.

SunWuKung420 posted...

Do me a favor and Google "Nouricel MD". I was the first person to make a commercial batch after I took over from product development in my mid 20s. I even trained the group that took over after we sold off the IP to the customer.

I also grew the cell line for Dermagraft and Transcyte. Google all of the these products and I know about them because I've made them.

So please could you kindly stop posting in regards to me because you're always wrong.

I googled it with your name and nothing came up . But you can keep making stuff up if you want.

Cacciato posted...

I googled it with your name

Why are you so creepy? Do you think old shredded legal documents from 20 years ago say Sunwukung420?

Can you grow human skin, collagen and an anti wrinkle cream additive from a single vial of cryogenically frozen foreskin cells using DMEM? I can. I know you can't, train conductor.

Also thanks for doing that conducting. It's important.

Oh okay, bud. The lady doth protest too much.

Cacciato posted...

Oh okay, bud. The lady doth protest too much.

https://gamefaqs.gamespot.com/a/forum/9/9ec7605b.jpg

SunWuKung420 posted...

Can you grow human skin, collagen and an anti wrinkle cream additive from a single vial of cryogenically frozen foreskin cells using DMEM? I can.

ew,gross.

SunWuKung420 posted...

Can you grow human skin, collagen and an anti wrinkle cream additive from a single vial of cryogenically frozen foreskin cells using DMEM? I can.

I mean, I couldn't do it right now if you handed me the components and asked me to, but that's true of pretty much any job. Stick me in a McD's kitchen right now, and I couldn't make a Big Mac (at least, not one that adhered to the defined guidelines). Stick me in a McD's kitchen with instructions on how to make a Big Mac, though, and I'd be able to do it. Similarly, stick me in a lab with a cocksicle, the relevant growth medium, and instructions on how to put them together to make cosmetics, and I fully expect that I'd get the hang of it within a couple tries.

"You don't know how to do *highly specific task that nobody outside of this job would ever have reason to know how to do*" isn't really the flex you seem to think it is. Every job has job-specific skills and knowledge that anyone outside of the field can't be expected to have. Not having those skills and knowledge doesn't mean they couldn't learn them if needed, unless the skills and knowledge require a significant amount of education, experience, talent, and/or practice (like anyone can drill a hole in some metal with minimal training, but precision machining requires much more training and practice).

hehe adj said cocksicle

Now im looking through jobs. I'm looking for AI-safe listing's. I found septic tank technician with paid training. I might need to kick the tires on this one.

ConfusedTorchic posted...

hehe adj said cocksicle

It's a frozen foreskin. How could I not?

(And because I'm sure Sunny will go after me for this, yes, I understand that cryogenically preserving cells does not just consist of throwing a foreskin in the freezer)

adjl posted...

It's a frozen foreskin. How could I not?

(And because I'm sure Sunny will go after me for this, yes, I understand that cryogenically preserving cells does not just consist of throwing a foreskin in the freezer)

It's exactly how preacher portrayed it actually.

adjl posted...

It's a frozen foreskin. How could I not?

(And because I'm sure Sunny will go after me for this, yes, I understand that cryogenically preserving cells does not just consist of throwing a foreskin in the freezer)

Hey, as an undergrad I ran breast milk samples through a GC-MS. I understand the power of irresistable urges to make crude jokes.

teddy241 posted...

Now im looking through jobs. I'm looking for AI-safe listing's. I found septic tank technician with paid training. I might need to kick the tires on this one.

Fuck. They never have those kind of listings here.

SunWuKung420 posted...

I also grew the cell line

we're all growing cell lines. unique ones.

it's good to have something lined up when shit hits the fan in terms of job loss.