What I don't get is that most of these acquisitions are reviewed by a govt body somewhere. And every single company trying to buy or sell another always says it will support growth of the business, but that is literally never true. There are always layoffs; sometimes right away and sometimes 6 or 12 months later, but they always happen. How companies get away with claiming the sale will create jobs and people are surprised when they turn around and do layoffs is totally beyond me.
this post was submitted on 21 May 2024
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How? How could they be surprised at this?
“I was expecting shrinkage after the sale, because that always happens, but not immediately, and honestly not myself because RPS doesn't have an editor at the moment, so without [me] it just won't have editorial leadership. More fool me, eh?”