An Update on the Company Situation

This Blog Post was originally published on adagia.org.

Another update to A Strange Meeting Yours Truly and Employer Change Yours Truly .

At the end of last week, a coworker told me we've got two new CEOs from America. Since we are a GmbH (kinda LLC equivalent) you can easily look up the information about the company. So you always know who owns the company and who is in charge.

A friend of my coworker told my coworker that it was strange since no public job listings are available for the company. Recently there were more than 8 different jobs available and now none? The friend thought the company was hit by Everyone's Favorite Virus™️ and thus cutting employees.

Through lucky circumstances and with the help of one of my informants, I now know that out of the six CEOs we currently have (4 from before the merge) will step down in the near future to be employees for a five-year fixed timeframe. Though no timeline for the step down exists and almost nobody knows about that yet.

Interestingly the hiring wasn't halted because of the lack of money, but because the Americans think, you did work with that workforce for multiple years now, we stop hiring a take a look at how you're going to perform over the next year. I don't know if the Americans don't know about the fact that every department is already at its limits (I've had two colleges already in a Burnout this year) or if they did just ignore it.

What I know for sure is that several people said after the merge: "at least management is staying where it is". Guess what, it won't be long until that will change. In my opinion that also means that all current employee benefits could be at risk. Free lunch at a restaurant chucks away 12.000€ a month as far as I know. And also two-day trips like we had in the past to Hamburg or to the Red Bull Ring in Spielberg could quickly get cut.

I wonder what will come next.

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