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To: DoughtyOne

It’s going to turn out like most corporate purchases, very little will change. I’ve survived way too many corporate purchases in every direction including a three company merger with one of them in India. The domain name sometimes changes, the masthead changes, some people whose efforts are considered duplicate go away, but by and large you meet the new boss and he’s the same as the old boss.


68 posted on 07/14/2008 2:10:17 PM PDT by boogerbear
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To: boogerbear

That’s a nice rosey way of putting it, but it is never that simple. I’ve been through corporate mergers myself.

Consolidation can take far more jobs that you are willing to admit.

It depends on the specifics. What you think is reasonable is rarely what the corporate board members will.

My most recent brush with the phenominon saw about 80% of the employees of four different concerns lose their jobs by the time consolidation was over. Local middle and upper management was destroyed. Government and corporate regulations and requirements, made simply impossible to meet due to the corporations own directives.

I also saw this concern lose between 25 and 40% of it’s business due to these actions.

The running theory is that corporations are much leaner, more profitable, and much more sound after these mergers.

Well, that’s all PC and wonderful, but it isn’t always the case.


69 posted on 07/14/2008 2:20:00 PM PDT by DoughtyOne (Annapolis, flight school, Congress, Senate, MIAs, Keating 5, Soros, Kerry... tried & found wanting!)
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