So... Fifteen years and then "hey, you got a second - why don't you come to my office" says the (new) CEO. This was a short time after our company went through one of those wonderful acquisitions that are in vogue lately. A lot of my comrades saw the same fate. The easiest way for the "fresh" management to wow the shareholders is by an immediate reduction in operating expenses during their honeymoon period. This can be achieved in short order via the ever so popular thinning of the herd approach. And then if revenue remains flat or even tanks over time, they will never admit that perhaps they may have been a bit hasty in getting rid of the talent that created the company in the first place...
2 replies (most recent on top)
Mattel has had a GREAT history with companies they purchased and then destroyed over the years through skilled mismanagement. Metaframe (made aquariums), Ringling Bros. Circus (they somehow escaped to live on), Aviva, Radicaa, Tyco--the list goes on and on. It took Mattel well over a decade to finally succeed in Mattellifying F-P to the point of disfunction, and probably due to some serious contractual firewalls, they can't work their corrosive magic on American Girl. So, I hold out little hope for Mega Blocks, once they are assimilated into the Borg...I mean, Mattel.
That hurts man