ANY corporate buyout/takeover is bad news for the company being bought. It never ends well, not for the employees or the product being offered. Inevitably, Mr Moneybags buying failing company thinks he knows more about Failing company's business and ruins whatever value their product has thru ignorance and not listening and understanding why things are being done the way they are in Failing Company. Ultimately, morale goes into the toilet as well as build quality in the product because of the bad morale and changes made to the product by Mr Moneybags. Buy your Mac stuff today and pray you can find an independent shop to service it if and when it needs it. This is exactly what happened to GE Mobile Radio Division that I worked for for 20 years. Ultimately, it closed doors because after 4 buyouts the Checker Cab reliability of our products and the very nature of the products themselves had either deteriorated or changed so much they were no longer recognizable as GE products...the workforce was no longer recognizable either. The whole company culture was lost and with that loss went the rest of the company...dead and gone but not forgotten.I watched it happen from the inside. I have never seen any other company benefit from a buyout.
McIntosh purchased by Bose...NOT an April Fool's joke.
Unfortunately, the world is officially in decline.
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- 28 posts total
- 28 posts total