We were acquired by Harris. They promised no layoffs and a lot of support during the transition phase.
The HR handover was a complete mess. We had to drive to some office with a 2 day advanced notice to get our employment forms in order. Couldn't mail it or anything. It was a 50 minute drive from my home. We had multiple contacts who told us very different things, which caused confusion.
The IT transition was also rough. Some of my colleagues' computers were locked out; we were advised to not shut down our computers for a few days. They sidelined our internal IT team for theirs.
3 months later, there were layoffs. From what I understand, because our revenue didn't make sense compared to the number of staff we had.
A lot of my colleagues left the company shortly after. Morale was/is low.
I really liked the old company. Things changed with Harris. My former coworkers I still talk to have either left, or are trying to leave.
From what I understand, there is still no perceived benefit from this partnership. We didn't really gain any opportunities for collaboration with the other business units. Harris treats companies like landlords treat houses. Acquire home, passive income, end of story. They didn't do anything for us.
If you're a board member/C-level exec considering selling to Harris, just know you are doing so at the expense of your employees. The company you built and funded will stagnate into mediocrity, but you'll get your payout.
