Wednesday, March 23, 2011

Why I might be out of a job very soon

I'll do two posts today, because my 3rd "Unlucky Me", which I was just about to post, didn't make sense without these two.


My company was planning for an IPO. We were going public, we had started gathering all of our documents to change the name and everything. This has been in the works for quite a while. It became serious a few months ago.

My prediction at the end of last year: When we go public, within 7 days we will be acquired.

Monday, March 7th: The day of our anticipated IPO, I come in to work to discover an email in my inbox from the execs, we've been acquired by a competitor. I much larger and competitor that does exactly what we do.

The first day I was all in high spirits, hahahaha I was right, I'm so smart. Ok that lasted a couple hours before I realized. hmmmmm....shit....I'm going to lose my job.

The deal is set to close sometime in the 3rd quarter. So sometime between June and September I will be out.

Granted, there is a chance the deal won't go through, or the other company wants to keep me, but both of those odds get slimmer each day. I'm down to a 10% chance or less.

I've already sent my resume to about 10 open postings. I've updated my LinkedIn account and am frantically trying to get my ducks in a row.

Raise...or lack there of:

My next moment of pause was this: WTF. WTF. WTF. So much for that raise/promotion I've been begging for over the past few YEARS!

I try to be positive. But I feel so undervalued. I am a smart person. I have a great personality. I have loyalty. All the things it takes to make a freakin awesome employee.

Its just that...well...... my company SUCKS.

They overvalue so many. And undervalue people that actually do the real work, while they sit back counting their stock options.

My solace: someday I WILL be higher than some of these people. And they will have to face me, and it will not be pretty.

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