Will there be more redundancies from mergers in 2010?
In my other blog (IntelligentMergers), I have predicted that the M&A market will be flat in 2010 from 2009, which was 40% lower than the peak year of 2007 (see my post entitled: ‘M&A Forecast for 2010 — an update‘). But at $2.2 trillion worth of deals, 2010 is still a very strong year — and it will be well within the top 10 of all years in history in terms of deal volume.
Implication for surviving M&A deals? It means that 2010 will also be amongst the top ten in terms of number of redundancies announced from mergers and acquisitions. Not really a ‘top’ ten, of course, as each person fired will represent a great deal of personal, family and corporate pain.
Thus it is important to look at the previous posts here in this blog to see what can be done to minimise the chances that you will be made redundant, as many companies WILL be acquired this year! It pays to be prepared.
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