Reply to post: PE and employees

DXC Technology linked with private equity takeover talks

Anonymous Coward
Pirate

PE and employees

Private Equity, DSG or some other group, doesn't care about employees in general and employee morale even less.

To PE firms employees exist to be fired. They hope to fire enough of them so that they can show a profit. Then they sell the now profitable firm to another company or in an IPO.

We've seen it before and we'll see it again.

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