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      02-05-2019, 11:56 AM   #23
MrGatsby
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Quote:
Originally Posted by ASAP View Post
manufacturing but owned by private equity
This is the issue. The private equity guys rarely care about their employees. It's a much more hands off approach, where bottom line dollars supersede any good will towards employees.

I work at a financial firm and we were owned by the founder for nearly two decades. We were treated very well with box seats to games, corporate lunches, etc. Very relaxed environment. We were bought out a few months ago by a subsidiary of a holding company (private equity), and things changed very fast for everyone under C level employees and their staff. It became a much more high pressure sales environment and the weaker of the bunch left, leaving a lot of work to the rest of us. Things are getting better now, as upper management is seeing the losses and slowly getting back to how things were.

Either be prepared to give it time, or get out now. But if you are not either upper management, or among the top earners on the sales side, you will have a very rough time under private equity.
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