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Unread 2017-01-19, 04:41 PM   #1
Justin 05 STi
 
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Default I survived a corporate restructuring

feelsgoodman.jpg

We are not that big, they cut 20 people and roughly 90 have new managers / structure. This is not quite a year after a merger.

Anybody else have recent success or horror stories they would like to share?
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Unread 2017-01-19, 05:10 PM   #2
Scooby24
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Man, good on you.

I left my last org as they were going through it. Laid off 1300 employees but my dept wasn't touched. However, shortly after I left the entire set of staff in my dept was "sold" back to Cerner, so everyone transitioned back to them. I wasn't wanting to do that for many reasons so I'm glad I left when I did.
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Unread 2017-01-19, 05:32 PM   #3
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My company was acquired by a PE firm less than a year ago, and the restructuring is really starting to hit us. I got a promotion during all this though, so that was pretty neat!
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Unread 2017-01-19, 10:18 PM   #4
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In 2014 I left a job and went to New York Life. Rumors were that we were getting sold, even before I took the job. 60 days after I got hired, we were announcing our sale to John Hancock.

Things could not have worked out better. They restructured our comp agreements, and I have the ability to make $60K more per year now than I did before.

In year one, I made about $50k more than max eligible comp in the prior year.
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Unread 2017-01-20, 10:09 AM   #5
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I left government contracting at the end of 2016 for a position with the railroad. I now have amazing benefits, a pension, stock, etc. It was a calculated move as I find myself closer and closer to retirement.
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Unread 2017-01-20, 01:58 PM   #6
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lol
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