You never hear “Aw man, the new owners are awesome! Everything’s so much better now!”, it’s always a downgrade, usually a significant one. It’s never about improvement and always about cutting costs and leaving the buyee company to die.
You never hear “Aw man, the new owners are awesome! Everything’s so much better now!”, it’s always a downgrade, usually a significant one. It’s never about improvement and always about cutting costs and leaving the buyee company to die.
One company I used to work for got bought out by a venture capital company who were looking to strip them for parts. When they did, hiring froze, and raises were reduced. I quit after a couple years of it getting progressively worse, but from talking to some old coworkers I later found out that they were bought by another company that wanted to just run the business normally, which led to more hiring and raises returning.
But then they banned using external devices in the building and started tracking all usage of computers, even if people are on break, which pissed a lot of people off, so it’s kind of a wash.