Re:LogMeIn Acquired by Private Equity
by et-al on Tuesday December 17, 2019 @12:06PM
(#21815657)
They'll give you a shpiel how this is for the best and that brighter days are to come with new management. Maybe they'll entice folks with an incentive program that says "if profits are x much, you'll get a bonus in 2 years."
Then within 18 months, they'll reduce benefits (e.g. worse insurance plan, change the vacation policy), or maybe actually lay off people and shut down entire departments to boost numbers.
tl;dr - update your a resume and start interviewing to have a backup. If upper management thinks you're a top performer, you have a bit more leeway.
Then within 18 months, they'll reduce benefits (e.g. worse insurance plan, change the vacation policy), or maybe actually lay off people and shut down entire departments to boost numbers.
tl;dr - update your a resume and start interviewing to have a backup. If upper management thinks you're a top performer, you have a bit more leeway.