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The Water Cooler
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I may have decided my fate
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<blockquote data-quote="Ahall" data-source="post: 4243925" data-attributes="member: 49426"><p>Now for the lighter side of mergers and acquisitions. </p><p></p><p>In my situation, the company got bought out, by a competitor and we all assumed they wanted the corporate logo and little else. The plant was an outdated wreck and came with a union. The buyer was from out of state and the mother ship was a non-union organization. Word was the new ownership leased the building, rather than buying it. The new brass was renting places and traveling back to the new mothership on a regular basis. Inventory levels were dropping and building maintenance was ignored to the point water ran out of electrical disconnection boxes when it rained. The writing was on the wall in big bold letters for anyone to read months in advance of any formal announcements.</p><p></p><p></p><p>Right after the buyout they circulated new noncompete and intellectual property paperwork to everyone. They wanted them signed and returned the same day. It must have been rushed, and probably reworked from another buyout because someone left the "court of jurisdiction blank" so a bunch of us filled in tribal courts or foreign countries. As we expected, no one looked closely when the forms got turned back in and we never heard anything about it. I would have loved to have seen them try to enforce those documents. </p><p></p><p></p><p>The HR manager left and a new one showed up. The new persons role was to keep things civil while handling the hatchet work at the end. When I walked pass the office and looked in it was apparent they had decorated with stuff they just found lying around, (there were a lot of empty offices with abandon stuff by that time). The decorations included 3 prominently displayed simulated bronze busts. They had decorated with Robert E. Lee, Stonewall Jackson, and George A Custer. In later discussions I learned they were completely ignorant of who the busts were. Probably not a good choice for a plant where you are about to dismiss a largely Native American and African American workforce. </p><p></p><p></p><p>When I got my 60 days notice, my supervisor, who was a new VP came to my office. He knew that as a relatively recent hire with a young family, I had gotten screwed. He told me that my job assignment for the remainder of my time was to find a new job, and I had no other obligations or duties. A few days later the assistant to the HR manager stuck her nose in my office telling me that I was not doing my job. She was a hateful little thing and liked to push people around with obscure or made-up rules. I informed her of my instructions and asked if she was really suggesting that I should ignore direct instruction from an officer of the company. It was very satisfying to see her jaw drop and watch her leave.</p><p></p><p></p><p>Yes, the plant closed, and the buildings were leveled. </p><p>Today its an empty lot. </p><p>I am just glad that I was not there long enough to have any of my identity tied up in the pace.</p></blockquote><p></p>
[QUOTE="Ahall, post: 4243925, member: 49426"] Now for the lighter side of mergers and acquisitions. In my situation, the company got bought out, by a competitor and we all assumed they wanted the corporate logo and little else. The plant was an outdated wreck and came with a union. The buyer was from out of state and the mother ship was a non-union organization. Word was the new ownership leased the building, rather than buying it. The new brass was renting places and traveling back to the new mothership on a regular basis. Inventory levels were dropping and building maintenance was ignored to the point water ran out of electrical disconnection boxes when it rained. The writing was on the wall in big bold letters for anyone to read months in advance of any formal announcements. Right after the buyout they circulated new noncompete and intellectual property paperwork to everyone. They wanted them signed and returned the same day. It must have been rushed, and probably reworked from another buyout because someone left the "court of jurisdiction blank" so a bunch of us filled in tribal courts or foreign countries. As we expected, no one looked closely when the forms got turned back in and we never heard anything about it. I would have loved to have seen them try to enforce those documents. The HR manager left and a new one showed up. The new persons role was to keep things civil while handling the hatchet work at the end. When I walked pass the office and looked in it was apparent they had decorated with stuff they just found lying around, (there were a lot of empty offices with abandon stuff by that time). The decorations included 3 prominently displayed simulated bronze busts. They had decorated with Robert E. Lee, Stonewall Jackson, and George A Custer. In later discussions I learned they were completely ignorant of who the busts were. Probably not a good choice for a plant where you are about to dismiss a largely Native American and African American workforce. When I got my 60 days notice, my supervisor, who was a new VP came to my office. He knew that as a relatively recent hire with a young family, I had gotten screwed. He told me that my job assignment for the remainder of my time was to find a new job, and I had no other obligations or duties. A few days later the assistant to the HR manager stuck her nose in my office telling me that I was not doing my job. She was a hateful little thing and liked to push people around with obscure or made-up rules. I informed her of my instructions and asked if she was really suggesting that I should ignore direct instruction from an officer of the company. It was very satisfying to see her jaw drop and watch her leave. Yes, the plant closed, and the buildings were leveled. Today its an empty lot. I am just glad that I was not there long enough to have any of my identity tied up in the pace. [/QUOTE]
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