If you watch the video RS states unequivocally that he was fired...Was Randall Smith fired, laid off or did he retire? He's in his late 70s and might put the company up for sale because he had retirement on the mind to begin with.
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If you watch the video RS states unequivocally that he was fired...Was Randall Smith fired, laid off or did he retire? He's in his late 70s and might put the company up for sale because he had retirement on the mind to begin with.
soon to be up there with the likes of SWRAnd so, the corporate destruction of Mesa begins.
I can't watch the video, so thanks for the info.If you watch the video RS states unequivocally that he was fired...
Isn't that the truth. I spent almost 30 years mostly working in banking from 1993-2021. That industry makes Gibson's actions seem like a junior achievement project gone awry. my father in law used to to joke that banks shouldn't bother to bolt their signage to the building. they should just them us using Velcro instead.Any of us who've worked for a corporation will not be surprised by Gibson's action.
This is an accurate description of how this stuff works. It generally only becomes an issue when folks who are not aware of how corporate stuff works cite the practice as 'unfair.' Note to all: the concept of fair vs. unfair is something better limited to one's childhood years.Gibson bought Mesa Boogie and it's totally within their rights to fire their employees. It's also quite normal that you will let go of the 'old man' who was head of the acquired company after a grace period of a couple of years. It happens all the time in any business sector. You sell your company, and in the contract it says you will remain in the chair for 2-3 years. At some point after that, they start making business decisions you don't agree with and you voice your opinions about that. They don't agree with you voicing your opinions and they let you go.
Yet if you weren't in the room you have zero clue how it was actually characterized or handled. See earlier posts -- after an acquisition, the former CEO is gone usually a year later unless some other arrangement was specifically made. We can assume this does not leave CEO's who identify highly with their former companies feeling happy or discussing the matter using happy, corporate words.If you watch the video RS states unequivocally that he was fired...
"Restructuring" was the favored execution method at a non-profit I used to work for. They cut positions and created "new ones" with WAY fewer openings...a rather unscrupulous way to get rid of people you don't want or reduce the benefits/accumulations of long-time employees. One lady who worked there for 20+ years was literally re-interviewing for the same job (just renamed) for less pay and a reset on all her vacation allowance, FMLA, and sick time accruals back to entry level.This is a true story. On my fist day working for Capital One in orientation class, the moderator congratulated us on our new job and welcomed us. Then he went on to say "We are an ever changing dynamic company so while we welcome you, we encourage you to find a new position as this one may not be around very long".
...6 months later, the he remaining 25 highly compensated VPs in this division were called to a meeting and were fired on the spot with no severance packages. They sold off the division to another company assets and all. The new firm kept 3 VPs...
Pretty much 100% of the (relatively few) acquisitions I've been part of or observed from the outside have involved a pretty complete purge of the "executive" ranks. Lots of reasons for that, pretty much 100% of them "non-technical".Randall sold the company and I'm assuming he received a nice payout. The downside is that you give up operational control of the company you sold. The purchasing company is going to have ideas of their own and generally there is at least some level of conflict behind the scenes. Any of us are just guessing at what happened.
Got me started on corporations. I worked Retail Management most of my life. Used to be a somewhat fun, enjoyable job until merger mania and executive greed took over in the 80's. Can't believe all the bad decisions I've seen these "highly educated business school" types make.Any of us who've worked for a corporation will not be surprised by Gibson's action.
Exactly what I was thinking. Unless you keep your left hand in your pocket whenever you play keys. Then it's OK.
Yeah....That's what happened to Colonel Sanders....I doubt anything good could come from that.
Agedhorse is (to my knowledge) not involved in those political decisions, and while he surely has a private opinion on such things, might not be wanting or able to discuss such internal policies with strangers on the internet.
Gibson bought Mesa Boogie and it's totally within their rights to fire their employees. It's also quite normal that you will let go of the 'old man' who was head of the acquired company after a grace period of a couple of years. It happens all the time in any business sector. You sell your company, and in the contract it says you will remain in the chair for 2-3 years. At some point after that, they start making business decisions you don't agree with and you voice your opinions about that. They don't agree with you voicing your opinions and they let you go.
LOL. Free speech and truth are an illusion and can be polar opposites. This has been the way it is forever. It's in the way that it's being delivered and consumed that have changed. BS being presented to the masses in real time. Provocateurs on Youtube are nothing new either. It's how they get their views in.As a consumer I now have lost any faith and trust I may have had about gear reviewers and their products. Even the most trustworthy and dependable can now be called into question knowing that they have to produce videos and possibly censor themselves out of fear of losing support.
Randall stated on video, that he was: Fired.Was Randall Smith fired, laid off or did he retire? He's in his late 70s and might put the company up for sale because he had retirement on the mind to begin with.