Either a full sale or partial sell off is happening. Rumours of staff having to redo securtiy, credit checks and police/global security checks.
IF This is correct ,could be for an audit for a potential buyer or takeover,
Senior management and HR intimating (accidentally!) things are going on (office closures, more staff redundancies, little or nobpayvrises),Not sure if this is to frustrate or garnish authority over staff.
Signs do not look great, be prepared.
5 replies (most recent on top)
Any new rumors?
The latest rumour is by end of Q2
If you can encourage people to leave before a sale you can make the numbers look better as you don’t backfill them.
Seems like Pretty Chill only read part of the message, Totally understand why checks are done around the time of employment most companies and countries do this, but for staff with 15-20+ years of service within the org is a bit suspicious.
Does not help moral with the other rumors - yes I know rumors, but usually some fire with the smoke. Even more so with Senior management inadvertently stating things.
Background Check is part of most organization hiring and ongoing employment. Everyone is required to complete compliance. Not sure what's the issue here? If you don't want to complete it, I'm sure your employer can find someone to replace you that is willing to do checks.
If you got nothing to hide, why worry?
Not sure what this got to do with Sale and Take overs. Well at least not here in the States, these checks are standard.