Surviving a merger

An employee’s guide to getting through a merger or acquisition. Sunder Ramachandran Rahul Shekhawat, a consultant with an IT firm, was expecting to be promoted to the role of a client relations manager. So the news of his company being acquired came as a letdown because, in order to cut costs, the new organisation put all promotions on hold. Mergers and acquisitions are becoming more and more common. The key principle behind a merger or acquisition is that two companies joined together are more valuable than two separate companies. What’s in store for you? A merger or acquisition could mean a job loss for you or you may have to move to a new city to keep your job. The job profile may change and your current skills may become redundant in the new company. Reporting to a new boss and dealing with a different work culture are... [read full story]