| Topic Name: |
Corporate Acquisitions |
| Message Name: |
Are you in the banking industry? |
| Date Posted: |
05/21/2001 |
| In Reply To: |
I know that all the corporate merger and acquisition activity is good for the economy and supposedly good for employees. I just know that in my case I had a job that provided a lot of job satisfaction. Sure, there were some day to day aggravations (that's life of course). However, after several years of misery I had found a job that I actually liked. I looked forward to Mondays and going to the office. I looked forward to seeing and working with my colleagues.
However, about a year ago a much larger company purchased us. Some of us were told how fortunate we were to be keeping our jobs (rather than losing them and getting very generous severance). We were going to be a part of the corporate enterprise and provide service to the entire enterprise. It sounded good. However, that turned out to be a disaster. The new parent company has a much different culture - much like the ones I had finally escaped.
They try to micromanage from 1000 miles away and are extremely critical and self-serving. Although the management constantly tells us how valued we are, the non-verbal messages are all the opposite. We are looked on as an outlet for the grunt work they did not want to do, or could not get done, we are looked on as the overflow valve (nevermind that we still have full jobs to do here).
Our responsibilities have been scaled way back and we are now just cogs in the machine with no real future job advancement opportunities. Its incredible how they managed to wring the fun out of my job.
I am now, of course, looking again. I now know that it is possible to get some satisfaction from my job so, while the economy still has some life, its time to look around. |
| Message: |
Just a guess
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