I know several people who worked for Bain and several who worked for companies acquired by Bain. Those who are acquired always have a sob story about layoffs, lost opportunities, and mercenary Bain management. To that I say, stop crying. If your company wasn’t struggling they wouldn’t have bought you out and leveled the landscape. Build a solid company and Bain won’t swoop in and snag you at a bargain price. Build an unprofitable company with potential and they’ll come in, take over, and put the inefficient legacy employees out of work. Big deal.
I’m sure we’ll hear sob stories about outsourcing jobs and displacing workers; but if those workers added to the bottom line they wouldn’t have been displaced. If you don’t like the Bain business model then you should move to Scandinavia.
Yup, exactly.
Losers & whiners in every company. Someone has to be in the bottom performing 20%.
How many Ceo’s from Solyndra will be there? How many former employees from the green energy revolution? How about the guy that owns the sign company that got stimulus dollars to make signs for signs for the ARRA worksites? Wonder how much work he has these days?