My company, BlueJeans, was just aquired by Verizon. I belive we’ll be working under Verizon Business. What can I expect during this aquisition process? Should I start interviewing with other companies? Should I try to get a raise now from my current company? Tips for negotiation? #verizon
You will hear 5G in every all hands. Every 6 months there will be some layoffs. There will be meaningless meetings with verizon people in the first 12 months. After 12 months, supporting verizon employee and customers will be top priority. Benefits' cost cutting will happen after 12-18 months. Medical, Vision, Dental and Payroll will change from Jan 1st 2021. New hires will have lower TC.
^can confirm, formerly at Oath/VZM.
Can confirm. This happened to us (Citrix GoTo division)when we were acquired by LogMeIn.
Usually when mergers or acquisitions happen, there will be layoffs in the company that was acquired. If I were you, I would start preparing and giving interviews.
No layoffs in our case
Then you are good.
It depends. Right now just enjoy the parties and wait to see what happens.
No parties with confinement 😞
Dang, good point. Maybe that will translate to a larger cash bonus. Never understood the million dollar parties entirely anyway.
All good man, I do think we acquired you folks to grow that business. Welcome to the family
Also I haven't got any benefits cut and my TC has been growing gradually since we became Verizon Media. Really good stability too now with all the layoffs around
Thanks. Did anything change at Yahoo after the acquisition? Did you negotiate a new contract with Verizon?
Did u get paid from the acquisition? Heard the acquisition price was lower than your last funding round
I won’t make much from my stock options.
I don't think you can compare a bloated, dying Yahoo to a relative startup. Don't think there will be layoffs immediately or in your area, especially if it's regarding the core product. Wireless went 10 years+ buying companies and never laid off anyone. All the rifs started after they had to pay 130B to Vodafone and still stuck with the useless wireline business that sucks money every year. I'd wager if they could just shut that stuff down and let those people go, they would.
Tech Industry
Yesterday
3556
Asians - what are your thoughts on asian female white male ?
Software Engineering Career
Yesterday
450
Move to India to increase scope?
India
Yesterday
554
Who are these retards asking for dictatorship in India?
India
Yesterday
447
Modi is a legend, will be remembered for centuries to come
2024 Presidential Election
Yesterday
544
Heartwarming peaceful protests
I’m sorry!