this post was submitted on 04 Jul 2023
350 points (97.6% liked)
Asklemmy
44151 readers
1424 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
"We {company owners/founders} are excited to announce that {company} is partnering with {venture capital firm} to take {company to the next level}. {company owners/founders} will be moving to the board of directors and a new CEO is coming aboard. It's a very exciting time for {company}."
Received a few of those emails in my time... it's always bad news and might as well get your resume together right then.
Iโve resigned twice in my career following that type of communication. Both were smallish startups outperforming the other company, which then acquired them and proceeded to turn everything to shit.
Just watched this same thing happen at another company. 30% of the work force got laid off as soon as the new C-unt suite executive showed up, and everyone else is scrambling to get out as quickly as possible.