Thursday 12 October, 2006
Riding it out
Yesterday the company who owns the company I work for made an announcement that they were considering selling all their US-facing operations before the new anti-gambling law is signed (which will probably happen on Friday). As a publicly traded company they considered that dealing with US customers would be too dangerous for them, and like we assumed the deal was made today and all US operations were sold to a private company for the princely sum of $1, including the company I work for. This is exactly what's going to happen with all on-line gambling companies - as a public company we were always under scrutiny and accountable, as a private company we can do whatever we want. Great work, guys.
I'm kinda amazed how calm I am. Most people around me are very excited or anxious, especially the younger ones who's first job this is - we who have been laid off several times take it more in our stride. This is one of those things that I have no control over so I'm not going to sweat over it - we have no idea how this is going to impact our work. Management of course say we should continue our work as normal, but hey, the management will always say that - after all the stuff I've seen I've learned never to trust what they say. It's not necessarily that they deliberately lie to you (although they might), it's just that it's their job to calm you down and in the end of the day they might not have any power to affect any decisions made.
Me, I'm just riding it out...
Posted by kolibri at 12 October 20:11, 2006You can't add any more comments, but if you wish you can email the author.

