Categories: uncategorized
Date: 15 February 2007 12:07:50
Today is, surprisingly, another slow day at work. This will be followed by several more slow days over the next few months. Following a reorganisation of GE no one knows what is supposed to be happening, who is in charge of what, who sells what or what they're supposed to do to remedy the situation.
My own company is also in a state of limbo. Our CEO annonnced that he wanted to take the company private and had secured backing for this. Last Friday the Private Equity group behind his bid pulled out, due to an expected shortfall in Q4 profits for 2006. Then the board announced that they'd instructed their financial advisers, Deutsche Bank, to look at the options open to them and to discover whether or not there were other interested parties.
No wonder everyone I currently work with is frustrated by current events. My customer is unsure of their future and so are my employers.
What I am sure of is that my employers are not the forward thinking company that I joined. It has now become fragmented and politically rotten. The customer is no longer KING but seen as a cow that needs to be milked at every opportunity. Morale has fallen to an all time low and staff are now undermining each other.
Personally I'd take redundancy tomorrow and get out. I've invested 7 years of my life into this company. In that time I've been made promises that are never kept, denied raises and had our bonus package removed or altered whenever the company needs to improve its bottom line.