sometimes when a big company buys a small company it is said they did it not so much for the company itself but for the employees. i’ve heard this quite a bit over the years but never understood it. what stops the employees from simply going elsewhere? what guarantees are made to ensure the employees don’t all go to work with a competitor as soon as the deal is finalized?
In: 14
Inconvenience. Hundreds of people probably couldn’t all find a job in a day. Let alone arrange for relocations, selling homes and buying new ones, moving schools for their children, etc, etc.
Consider that on some scales of industry, there are often zero local competitors. If you go big enough, a factory might have a while township built around it. I live near a town like that. For people to change jobs without changing professions in that town, they’d need to move away.
Latest Answers