Do you think private equity firm Montagu will conduct layoffs after acquiring BMC Helix by the end of this year? If so, which areas would be highly restructured due to redundancy?
3 replies (most recent on top)
@4mk I suspect the “not listed in the portfolio” part has more to do with how recently the acquisition officially closed.
My assumption is that the initial restructuring will be concentrated at the executive level, which could explain some of the recent leadership departures. Individual contributors will likely see more stability in the near term. From a business continuity standpoint, disrupting the teams that maintain established customer relationships would be a particularly risky move, especially during an ownership transition.
@1j7 When your CTO jumps ship, it's a good sign that the future is not good. How long before BMC Helix folds? Montagu does not even list BMC Helix in its portfolio
what do you think? especially when Ryan Manning the new CTO for Helix runs off to Freshworks.