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Has it ever been a good thing for the workers when their company gets bought by another? Seems always universally bad. (hexbear.net)

submitted 1 week ago by Guamer@hexbear.net to c/askchapo@hexbear.net

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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.

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[–] SoyViking@hexbear.net 12 points 1 week ago

The tech company I worked at got bought up by a bigger and fancier company. We were promised the stars and the moon but none of it materialised and all we got was increased bureaucracy and being integrated into a cringe, self-important and slightly cultic corporate culture.

I'm happy I left that place.