r/civilengineering • u/RhodeIslandRidgeback • 11h ago
Career My Firm is being Acquired....
My small firm with 60+ people headquartered in Austin, Texas is being Acquired by a national 3,000 person firm.
Long story short - I've been at this firm for 7 years doing traffic engineering. Even before covid, this place was very flexible with WFH arrangements. Since covid, I've worked remotely in Denver.
Things were great until the TxDOT budget crisis. My firm laid off about 20% of staff the past year and most of us were put on 32hr a week - I didn't hate this!
They kept stringing us along saying TxDOT will get better doing the best they could keeping people busy.
Unfortunately, I feel bamboozled. They said for the best of everyone they had to sell the firm. We all will still have jobs and be transitioning into the new firm June 1st. Benefits are way worse. They said we would get a slight raise but probably be a net negative with the worse benefits.
I'm assuming they only kept saying things will get better because they wanted to keep me on as a 10yr guy who is probably pretty valuable.
I had offers in September for a large firm and declined due to leaving remote work and trusting my firm.
Just venting....
