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My company was recently acquired by a multinational corporation. Knowing that all IT was managed from corporate headquarters. I was concerned that my job was on the line. After inquiring directly with corporate I was assured my existing position was secure and I would not need to move, but 6 months later reality sets in and the rumor mill indicates I will soon be asked to move to HQ or look for greener pastures. So I ask SN, should I consider a move to an area with a higher cost of living (and under what conditions) or should I start the job search?
The twist: my significant other works in a different division of the some company, so it has been made clear that both of our salaries are affected by this decision.
There has to be oodles of experience in the community with what typically happens to staff subsequent to a buyout / merger / acquisition - any gems of wisdom?
Original Submission
(Score: 1, Interesting) by Anonymous Coward on Saturday July 18 2015, @03:57PM
Also consider what your job opportunities will be in the new location. Which location offers more career opportunities for you and your wife? There is no such thing as a secure job these days. And while it might not be 6 months, it could be a few years down the line the multi-national decides to cut IT staff and you'll be out of a job. In the nineteen years I've been working, I've had one company sold, another company sold twice, and another merged with a company and then sold. And with each change of hands some people end up losing their jobs.
So evaluate the long term prospects of the new location before deciding to move.