Of course they know them. That’s how Microsoft buys a multi-billion dollar company and expects to turn a profit - not by continuing to run the company the way it was, but by trimming staff from one or both companies.
Every time there is a massive capital investment, whether by a hedge fund or a bigger company, there is an unstated “and profit by making it worse” in the headline. Sometimes, a poorly managed company can yield profits just through better management, but most of the time it hurts workers which in turn hurts customers, but there is massive profit to be made while the coasting on the inertia of the former quality.
I can say from experience, if your company gets bought out your job is about to get worse if it even still exists.
This always happens with mergers, and it’s disgusting that our government knows this and allows it to happen without a plan.
T-Mobile buying sprint did the same thing. “Oh, we’ll need everyone on deck!” Really? You’ll need 2 teams rolling out the same phone? You’ll need twice as many people managing the same amount of plans? That’s just not how it works.
Surprisingly, as soon as the heat was off of them after the merger they laid off entire departments that were “redundant”. Never trust a corpo kids.
It’s literally the point, merging companies are a left join, not a full outer join. The entire point is to save money by removing overlap - anyone who doesn’t expect that has no idea how businesses operate.
I hope everyone who plays Call of Duty next year on Game Pass takes a moment of silence for the ~2000 people that had to lose their jobs to make it possible.
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You know, these companies share mountains of data with each other before mergers or buyouts.
The idea that they don’t know these “areas of overlap” as they call them before the deal is done is a joke.
Of course they know them. That’s how Microsoft buys a multi-billion dollar company and expects to turn a profit - not by continuing to run the company the way it was, but by trimming staff from one or both companies.
Every time there is a massive capital investment, whether by a hedge fund or a bigger company, there is an unstated “and profit by making it worse” in the headline. Sometimes, a poorly managed company can yield profits just through better management, but most of the time it hurts workers which in turn hurts customers, but there is massive profit to be made while the coasting on the inertia of the former quality.
I can say from experience, if your company gets bought out your job is about to get worse if it even still exists.
I know, that’s why I called it a joke. They always post these bullshit PR statements after the fact as if everyone didn’t know this was coming.
Yes. I was agreeing with you and ranting further, not trying to infer you didn’t get it. Sorry if that wasn’t clear.
No problem I’m not upset, I was just clarifying. We’re obviously both on the same page with this haha.
This always happens with mergers, and it’s disgusting that our government knows this and allows it to happen without a plan.
T-Mobile buying sprint did the same thing. “Oh, we’ll need everyone on deck!” Really? You’ll need 2 teams rolling out the same phone? You’ll need twice as many people managing the same amount of plans? That’s just not how it works.
Surprisingly, as soon as the heat was off of them after the merger they laid off entire departments that were “redundant”. Never trust a corpo kids.
Monopolies are never good, kids. Attempted monopolies are just about as bad.
I’m also real tired of the copro euphemisms going around trying to hide that they’re firing people.
I’m not sure if “copro” was meant to be “corpo”, but either way works. xD
Phones really don’t like “corpo”… but I’ll leave it for you
Damn Google and Apple trying to program us against anti-corporate thought. :D
Like Return to Office? Never has the corporate C-Suite ever had an easier excuse to shitcan people for no good fucking reason.
The easiest layoff method there is.
Still, the most putrid word for me is “right-sizing”
Name a single merger in any industry that didn’t result in layoffs of at least 8% of the workforce.
Yep, the moment this acquisition was in talks, you could see this coming from a mile away.
It’s literally the point, merging companies are a left join, not a full outer join. The entire point is to save money by removing overlap - anyone who doesn’t expect that has no idea how businesses operate.
I hope everyone who plays Call of Duty next year on Game Pass takes a moment of silence for the ~2000 people that had to lose their jobs to make it possible.
these functions will now be fulfilled by the MCP