Oct 13, 2015 11:51 PM GMT
The company I have worked for the last ten years had a takeover acquisition bid earlier this year. The acquisition was approved in mid September by the government. Since then, they have started the process of integration. The acquiring company is not headquartered in Chicago, as is my current company. Today, our CEO and entire Senior Leadership Team announced their resignations as the merger continues to progress. The team I work for had a meeting today with our managers, and although they did not say anything specific, they are hinting that we should expect maybe mid-November to be it for our jobs here. I am expecting not to get an offer from the company that is taking over, as they will probably greatly downsize the Chicago office. So, I am kind of looking at this as a new opportunity instead of being pessimistic. Having worked at my company for ten years, I will get a decent severance. Maybe I will take this opportunity to finally relocate to southern California, who knows? Anyway, just wanted to share that bit of news. Anyone else gone through a similar situation with a job and what was the outcome?