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.
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.
Last two places I worked got bought out within my first year, so I got to see the same degradation process twice.
People who had no idea what made the place successful in the first place trying to squeeze profit while destroying long term sustainability
Just capitalist things.