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Acquisition

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Thread replies: 13
Thread images: 1

I work in a small ~150 employee FinTec consulting/software company, and we're getting acquired by a ~300,000 employee company.

How do I navigate this personally? What do I need to be careful of, and what can I do to make the best of this situation? Or do I just give up and start updating my CV?
>>
>>1028918
Are you getting purchased by Accenture?
>>
>>1028918
>300,000 employees
>software
>acquisitions despite volatile economy
Welcome to IBM, brother.
>>
You're gonna have lots of fun :^)
>>
>>1028918
Bail
>>
>>1028918
How do you navigate it personally?

Look for an exit option now. Personally, I would ride the acquisition out to see if it affected things too much. If things change or don't change for the better I'd leave and exercise that exit option
>>
>>1029300
>IBM
>300k employees
I don't think so.

HP Enterprise?
>>
>>1029235
Now that it's 9am, I'm legally allowed to say yes.
>>
>>1029527
Lol I figured. I work for Accenture (or at least I do for the next 2 days.)

If your main concern is keeping your job, I think you'll probably be fine. Accenture buys up these smaller firms on a weekly basis and usually incorporates the workforce. I think the CEO is on record saying he wants to reach 500k employees in the next couple years.
>>
>>1029450
Nope, its FinTech, they got bought by Accenture. I work there ATM in management consulting for financial services, and everyone I know in the fintech space has gotten an offer from Accenture in the last 12 months for a buyout.

They've literally been trying to buy everything they can get their hands on, with over a$1Bn in acquisitions the past year.
>>
>>1029641
Good to know.

What's the reason you're leaving Accenture? As much as I'm worried about being pushed, it is also an opportunity for me to jump.
>>
>>1030411
It was mostly a matter of salary (I'm going to be making 1 1/2 times as much with this move). I was desperate so I took the first number I got offered. Also, I got fucked in the ass in the latest round of reviews because the supervisor I was on a project with for 6+ months left the firm before review time, so I essentially got a C instead of an A. They've changed up the review system since then, I don't know much about the new system.
>>
>>1029450
http://www.statista.com/statistics/265007/number-of-employees-at-ibm-since-2000/

Laid off 60,000 earlier this year and still has over 300,00.
Thread posts: 13
Thread images: 1


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