onStrategy

Proper steps after an acquisition

November 21, 2022
< 1 minute

Strategy | Business Models | Tech

How it should be after you buy a company:
1/ Send an email (or discuss) to all employees on future plans & commitment vs. severance packages
2/ Assess the situation after some of the people leave
3/ Adjust the workforce according to your needs (including contractors)
4/ Start rebuilding the company/the product according to a predefined strategy roadmap

How Elon did it:
1/ Massive layoffs with n #future none to limited assessment
2/ Ask some of them to come back and help not sink the ship
3/ Send an email (or discuss) to all employees on future plans & commitment vs. severance packages
4/ Ask the followers what should the company focus on

What can I say? He’s an engineer at heart.

 


Elon Musk tweet


 

Discover posts:

Apple's Arcade revenue

Apple Arcade revenue

  The gaming market is traditionally dominated by companies with a rich tradition. Even companies that are considered new, such as Roblox or Unity, were launched in 2004, respectively 2005. Slowly, but surely, new players are disrupting this market too. All eyes are on the mobile market.

Read more