The (tech) company I work for has been acquired by a bigger tech company and we will soon be in the merger process (ie. putting their name on the building, changing colors, imposing their will, etc). I've gone through another merger before, but I was in the "bigger company" then and the "smaller company" had services that were not offered in the larger company. This time around, I work in the "smaller company" and my department does the same things, but at a much smaller scale than the "larger company". In other words, my department is redundant and will possibly face the chopping block at some point. I really like what I do, but I'm just not sure if I will be able to do it in the larger company.
The silver lining is that there should be a transition period where the services and customers migrate over to the larger company's services. On the low side, that's a minimum of 6 months - 1 year time to find a place within the company or find another gig. I assume I will be retained for this period of time. This may sound arrogant, but the demand for software engineers is still very high, so I'm not "really" stressed about finding another job. Here are some rough actions I'm looking to take:
- Update my resume
- Put my resume out onto the various job sites in case I get sacked
- Interview intriguing external companies if and when they present themselves
- Once internal positions open up, apply to those, and hope for the best
To put into perspective, the merger would be comparable to the following:
- FitBit => Google
- Pebble => Fitbit
- Github => Microsoft
- Postmates => Uber
There are obvious places where services overlap.
To anyone that has experience with this kind of scenario:
- What advice can you offer?
- What should I do?
- Is there something you wished you did?
My company is getting bought, department is redundant, fear I will my lose job if I don't find a position within new company. I really like what I do and I'm hoping to find similar position within the newly formed company. What are some tips, advice, things to avoid, questions to ask? For those reading this past Aug. 27th, 2020, there is a global pandemic (Covid 19) and most places are enacting a hiring freeze.