JtB's SWIV on hold - Road Glide Forums
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post #1 of 21 (permalink) Old 12-11-2013, 11:15 AM Thread Starter
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JtB's SWIV on hold

Not bailing yet ..

However , my company is the second largest in our industry , we were just bought by the largest for just over 8 billion smackers , big surprise out of left field for everyone outside corporate headquarters ..

Still has to be approved by the FTC ( cause the merger will give the company around 25-30% market share ) , and an article I read yesterday said that if it is approved , that in some areas they may have to shut facilities down ..

Even if we remain open , my job , which is done in house , is contracted out by the other company ..

Kinda sucks not knowing ..

Sposed to be finalized by the end of the third quarter next year

JtB

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post #2 of 21 (permalink) Old 12-11-2013, 11:22 AM
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Good luck with the merger, Jack. I hope your jobs secure. There are always lots of "unknowns" during the transition process. Hope all works out for you in a positive way.

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post #3 of 21 (permalink) Old 12-11-2013, 11:46 AM
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Praying it works out for you. I have been through a "friendly" merger, the worst part is the stress of not knowing.

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post #4 of 21 (permalink) Old 12-11-2013, 01:47 PM
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Do you work for the airline industry? Either way it sucks, big companies merge then cut jobs or send them over seas, and everybody wonders why there's no loyalty and our economy sucks..... well I won't get started, I just hope all works out for you.

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post #5 of 21 (permalink) Old 12-11-2013, 02:18 PM
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Sounds like it may be good time to buy stock providing it's been made public


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post #6 of 21 (permalink) Old 12-11-2013, 06:39 PM
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Jack,
It's no picnic going through changes that threaten your lively-hood. I hope you make out OK and things get back to normal. The world of huge corporations seems to be constantly changing, often not for the better.


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post #7 of 21 (permalink) Old 12-11-2013, 07:34 PM
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Do you work for Sysco? I know they just bought us foods.

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post #8 of 21 (permalink) Old 12-11-2013, 08:21 PM
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Sorry to hear about the turmoil in your life, Jack. Hope it works out for the best for you and your family. Been through it myself. I feel for ya brother.

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post #9 of 21 (permalink) Old 12-11-2013, 08:37 PM
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I've been in a similar situation several times in the last 17 years, and I understand the different stresses it puts on a bread winner.
I feel for you bro. Hope you come out the other side shiny side up!

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post #10 of 21 (permalink) Old 12-11-2013, 08:47 PM
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I've been through it several times too - and been involved in merging in minor ways. Best of wishes to you. Hope it creates a new opportunity for you!


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