I work for Information Builders (TIBCO's soon to be acquisition). Wonder what happens to us? Anyone know how TIBCO treats employees from acquired companies?
8 replies (most recent on top)
40 IBI were fired last month while only 7 from tibco.
they fire them, to save their own employees.
I've worked in Tibco for 4 years. Frankly speaking its not a gr8 place to work for. Work culture and management is very bad. Customers are not satisfied. Seen customers terminating contract on mail due to product features not working and there is no downtime. Vista is trying to sell Tibco since 2 yrs now, so no new innovation or tech's, so no hike n increments. Also unique thing I ever saw in any company is there is no increment on promotion :D Many layoffs all around the globe as upper management is saving themselves by removing high salaried gud employees. I saw many of my colleagues terminated. I also got a new job and left the company, since the environment was bad. Please try and join some other company if your priority is good salary, stability, new tech and envt.
The leadership for professional services is terrible. Every manager or director is eventually let go by the SVP of Global Services. He is never wrong and if something bad happens it’s not his fault, corporate bully behavior. Cannot believe he has not been sued for his behavior, or fired. New hires in services management rarely last very long. If your a billable consultant with high utilization, you get to keep your job.
On Feb 5 Tibco completed the takeover of Information Builders (IBI) and promptly let go about 180 employees. This is a pretty high percentage, since significant cuts were already done over the last 2 years. Survivors have been assimilated, but who knows for how long....
It will treat you as good as its own employees. Your asking this on a layoff board should tell you how it treats its own employees.
It will start off looking good but slowly and surely trimming will be done. Particularly admin, sales, hr, consulting services. Be on the lookout for a role outside of the particular product you were acquired with so that you can improve security.
TIBCO applies the Vista rules which means 10 to 15 % of employees from the acquired company will be fired a few days after the acquisition is completed, for the others they will have to adapt to TIBCO procedures