If you are an MBA in finance you would surely have heard of Mergers and Acquisition…well you may have even done one paper on M and A.
Well this post is not about M and A…it is about what happens to the employees of both the companies. For example when TCS took over Tata Unisys Ltd. (by that time Uniysys had left)…the then MD of TCS (Ramadorai) said “Taking 4000 people is not difficult for us…we take much more than that every YEAR…”
One employee of Tata Unisys told me in private “Well they have a choice..we do not'”…The employee is worried about a few things –
will I keep my job, what will be my salary, will I get paid at all, are you keeping me just to keep up the total morale of the organisation, if you do not rationalise, does it make sense that some people will have to go…however the THREE IMPORTANT QUESTIONS ARE THE FOLLOWING:
– will I keep my job, how will I get paid,…
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