Company being bought out

[Marshall Tucker]

Well fuckety. While I've known about tit for a couple of weeks, the perverbial didn't think it would really happen. I'm backoffice and generally, in my dept, there are massive bloodlettings in these things. as in about 90% gone, 10% move or gone. IF that's an option looks like chicago. Uggh.

No real room to complain though. good run for 5.5 yrs, was paid very well.

[BCMtnHound]

Sorry to hear.
But look on the bright side, time to liberate company equipment and supplies, grab some key insider docs, and come back as a consultant.

[Benny Profane]

Chicago has a ton of flights west. And, the Cubs.

[GeezerSteve]

Best o' luck to ya. I've spent a bit of time in Chicago, a great city, although not for me.

[plugboots]

Good luck. It’s happened to me twice.
Stuffed pizza isn’t the main pizza there, BTW.


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[Peruvian]

Do your best to stick around until the payoff, but be sure to get your resume updated and out there. If you are well positioned enough you will be able to get a job offer and hold off new employment until the severance kicks in.

[Lone Star]

1/3 of the way toward the skiing!

[Bunion 2020]

There is always this approach....

[Talisman]

Tough situation and you have more power than you think. If you are well paid and like what you do, it can pay to stick around "ride the pig 'til it dies."

Figure out who is really in charge of the integration. Pay attention to what Chicago is looking to get out of the acquisition: technology, clients, revenue, capacity etc. Develop a plan how you can help who is in charge deliver what Chicago wants.

At the right time, likely after some lay offs or mass exodus, pitch the in charge person how you want to and can help them deliver, travel and what not. If they bite, be ready with what you will need to "make it work": stay bonus or similar (there is a reserve set up for integration that pays for this), schedule flexibility and what you need.

Out of a similar bag of shit situation, I negotiated an extra years pay and pretty much did my own thing for 3/4 of a year and did a lot of skiing on the 3 and 4 day weekends. Once you wrap up having resumes out there and your network buzzing so you can land another job allows you to invest that bonus.

[t-the-east]

Da Bears

[garyfromterrace]

Good blues scene. Closer to skiing? Closer to US Open. Sorry to hear man, I'm sure you'll come out fine though.

[Cono Este]

Old style here!


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[booner]

How do you feel about Michael Bolton's music?

[Harry]

perfect opportunity to become a ski bum

Exactly.

Fuck this corporate bullshit. If you don't do it this year, you will be one year older when you do.

[dunfree]

fuck chicago
find a new job - it's a great market now
don't ride it into the ground
be a ski bum. yurp is fun.

[dgilligan02]

I live in Chicago (suburbs). I cannot recommend it.

Sorry ‘bout the job. ~Vibes~

[Djongo Unchained]

Ski Bum...

This is your best chance.

[DJSapp]

With the current economy, it's a great time to be looking for work. Go find a 20% pay raise with another company before you're cut.

[evdog]

Sometimes these things turn out great. My company got acquired a couple years ago. Our boss gave a few of us big raises right before the deal closed thinking that acquirer would be stuck paying severance based on the higher amount. Turns out since my dept was already drastically understaffed I never got let go. But did get a bunch of responsibility shifted away. So...more pay and less work. Though still no end of frustration over how ours and later acquisitions have gone.

Job market seems really good right now, hope it goes well whichever way it goes.

[bigdude2468]

I live in Chicago (suburbs). I cannot recommend it.

Sorry ‘bout the job. ~Vibes~

Beautiful city and a nice place to visit. Unfortunately Chicago and the State are both broke with huge debt. Chicago has crushing taxes and just did a big property tax hike. Here is all you need to know about Chicago. They installed red light cameras and then shortened the yellow lights so if you were in the intersection it turned red before you exited.

[Cono Este]

I spent 7 yrs in Chicago and the city was damn good to me.

But, It’s the only city in America where I’ve seen a traffic cop take a bribe.


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[Shredhead]

Our company is still bases their for now. Super high taxes, which will get worse under JB Pritzker.

[smartyiak]

There is always this approach....

or this one:

[Timberridge]

Sorry to hear man, I'm sure you'll come out fine though.

You don't know this. He could become despondent after months or even years of job hunting as younger workers are hired over him, resulting in a divorce and finally culminating in depression and thoughts of suicide.

[Benny Profane]

You totally skipped over the years of substance abuse and arrest record resulting from all that. Then there's the lifelong STDs from casual sex from strangers to relieve the depression.

If all is good, he'll find Jesus.