Company wide Town Meeting

We were recently acquired by a small healthcare company who came in and communicated that they would need 90 days to pull together a clear strategy for our company. There is a company wide Town Meeting set up for next week to deliver their new strategy and there is a lot of speculation that some folks will be terminated next week.

My team supports the Middle Tier of applications deliver within our company so we are fairly safe at this point in time. We have met with our new owners on multiple occasions and it appears that they will need our services through some sort of integration period and then there could be some shake out within the group.

A concern I have for my group would be the impact of watching folks from other groups terminated, especially if the terminations occur with no communication before the company Town Meeting. It is hard to watch coworkers that you have worked with for many years leave, especially when they have no choice in the matter.

It is going to be a rough week, however hopefully, we can stat to move forward and will have more information on our new organizations with some clarity surrounding where we fit into the big picture within the new company.