& cplSiteName &
Comments
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
kq4ym
50%
50%
kq4ym,
User Rank: Light Sabre
1/14/2018 | 5:57:24 PM
Re: employees
That does seem to be the pattern of course. Cutting expenses and maybe later spinning off the business at a profit. Of course if there was contemplation of a huge increase in earnings and profits quickly, there would be no sale to begin with and one would have seen additional hiring.
mhhfive
50%
50%
mhhfive,
User Rank: Light Sabre
1/10/2018 | 2:51:56 AM
Re: employees
Exactly. This isn't an acquihire deal. Employees here are going to be downsized with time as they wrap up whatever they were doing and the company figures out who is redundant and who isn't. 
Ariella
50%
50%
Ariella,
User Rank: Light Sabre
1/9/2018 | 1:01:07 PM
employees
The way these things go, a fair number of employees will probably transfer over at first. But after some time, the company will assess and consider some of them redundant, and you'd have a round of downsizing.


Featured Video
Upcoming Live Events
September 17-19, 2019, Dallas, Texas
October 1-2, 2019, New Orleans, Louisiana
October 10, 2019, New York, New York
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events