Just went through a bank acquisition and I was on the acquired side. My role is the same but the way it generating business isn’t. Most on the acquired side are now leaving as are customers, as expected. Change is hard for humans. This video is great and is a very similar approach that I’ve taken, it truly helps. A calm mind, positive approach, and most importantly patience are key.
8 Years ago or not, this video in 2024 helped me understand what I'm going through now. Thank you for sharing and giving insight on what to expect. I walked away watching this feeling better about the position I'm in.
The company I worked for was recently bought out.. My manager said "It's not a big deal, don't panic and everything's going to stay the same, but she sounds very stressed. She's stopped cracking jokes and talking about mundane things like her driveway. I would read between the lines of you're manager's and Upper management behavior. Mine are sounding super upbeat and telling everyone to stay put. If their starting to sound stressed then I think big changes are on the way.
I work in Property Management. A random person came in today to “take inventory for all communication lines for a property takeover.” I asked if this was for an acquisition, he said yes and his boss confirmed. My boss denied it and said they don’t know what they’re talking about. I have no idea what will happen. I live on site and am trying not to stress.
Why not talk about it? Why not inform, network and communicate with fellow employees? Companies can let you go without warning. No notice, no severance. Happens all the time in mergers.
They want you to keep quiet so you dont mess up their customer base I'm not about to make it easy for them especially for some venture capital company who most likely going tóo mess up my benefits 401k and health insurance . Im already looking for a new job and i know their customer base personally as soon as i get my new job this mom and pop company who sold out and risked my job with a crony capitalist venture capital company is going to pay first thing messing up their customer base by just telling them the truth before the merger happens about whats happening to the company also I'm going to use my personal relationship with the customer base to mess up their profits by letting them know my job being turned into a walmart instead of a small business who personally cares about the customer
Hi @Ann - This information should be provided but if it is not then ask your employer and if they do not have that information get a contact at the other company and ask them. Public companies usualy disclose this but private ones are not required to - but you have a need to know.
Just went through a bank acquisition and I was on the acquired side. My role is the same but the way it generating business isn’t. Most on the acquired side are now leaving as are customers, as expected. Change is hard for humans. This video is great and is a very similar approach that I’ve taken, it truly helps. A calm mind, positive approach, and most importantly patience are key.
Thank you for sharing your feedback- either with that bank or onto the new you have the best attitude for achieving success!
8 Years ago or not, this video in 2024 helped me understand what I'm going through now. Thank you for sharing and giving insight on what to expect. I walked away watching this feeling better about the position I'm in.
The company I worked for was recently bought out.. My manager said "It's not a big deal, don't panic and everything's going to stay the same, but she sounds very stressed. She's stopped cracking jokes and talking about mundane things like her driveway. I would read between the lines of you're manager's and Upper management behavior. Mine are sounding super upbeat and telling everyone to stay put. If their starting to sound stressed then I think big changes are on the way.
Sounds like you are dialed in- always pay attention.
I work in Property Management. A random person came in today to “take inventory for all communication lines for a property takeover.” I asked if this was for an acquisition, he said yes and his boss confirmed. My boss denied it and said they don’t know what they’re talking about. I have no idea what will happen. I live on site and am trying not to stress.
Why not talk about it? Why not inform, network and communicate with fellow employees? Companies can let you go without warning. No notice, no severance. Happens all the time in mergers.
It depends upon your position, your prospects etc. Redundancy is common in mergers- you want to maintain your value.
THANKS
Thank you for posting this. Very helpful
Super sweet..everything is ok..I know what I need to do..
They want you to keep quiet so you dont mess up their customer base I'm not about to make it easy for them especially for some venture capital company who most likely going tóo mess up my benefits 401k and health insurance . Im already looking for a new job and i know their customer base personally as soon as i get my new job this mom and pop company who sold out and risked my job with a crony capitalist venture capital company is going to pay first thing messing up their customer base by just telling them the truth before the merger happens about whats happening to the company also I'm going to use my personal relationship with the customer base to mess up their profits by letting them know my job being turned into a walmart instead of a small business who personally cares about the customer
Thank you very much..very good advice and I will for sure implement these things..Logan
My company is going through an acquisition. I am the only manager in my market that survived. What can I expect? I'd love some advice.
Is there any way to find out what the benefits package are for a company? I.E. retirement, insurance, PTO.
Hi @Ann - This information should be provided but if it is not then ask your employer and if they do not have that information get a contact at the other company and ask them. Public companies usualy disclose this but private ones are not required to - but you have a need to know.
Thank You!! Your video is very helpfull.