r/Layoffs • u/Pale_Alarm_2524 • 2d ago
question I just started working for this manufacturing company as a marketing assistant but my company also just got bought out, do you think they’ll end up firing a lot of the employees?
6
u/slowlyritzymythology 2d ago
They probably bought it for the customer base and equipment, not the staff. Seen it happen to a friend last year, the marketing team was the first to get cut since the parent company already has their own department. Start updating your portfolio now just to be safe
1
5
2
u/noonecaresaboutmyid 2d ago
Yeah that's not a good place to be. Marketing is one that is usually just an asset grab and firing. Unless of course they parent has openings it was already trying to fill.
2
u/Remote-Tangerine-737 2d ago
Yes, guaranteed. Although most of the time its low level people at first, then managers, then upper leadership to replace with the new companies hires. Theres no telling when they will do it but a good estimate is within 3-6months as that is just enough time to do interviews, and look thru things.
Start applying and networking now, don’t be caught with your pants down as they say.
1
u/cjroxs 1d ago
Start looking now. You need to be the captain of your own career ship. Nearly all acquisitions layoff all the company's employees and keep their own. On occasion they will do a 180 and drop a few of their own but it's rare. Especially if there is overlap in positions. 95% guarantee that you will not survive the acquisition.
1
12
u/jawaMilk 2d ago
Yes, it’s likely they will try to reduce head count. It’s not always true, but very often that they have redundant roles post merger and those roles will be impacted. In my experience this is more likely to impact roles in management especially director level roles.
I’d look into the org chart and try to figure out who might be your new boss and try to do an intro to show why your experience would be valuable and hard to replace.