- My Forums
- Tiger Rant
- LSU Score Board
- LSU Recruiting
- SEC Rant
- SEC Score Board
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
0
Posted on 10/9/25 at 9:34 pm to HonCHO
My PE owned company apparently just read Jack Welch’s 1980’s book about cutting the bottom 10% each year. Bunch of bean counter nerds, also live and die by the numbers, our “CEO” never shows his face and hides in the corporate skyscraper.
They have everyone running scared right now, everyone scared of being assigned to the bottom 10%.
They have everyone running scared right now, everyone scared of being assigned to the bottom 10%.
Posted on 10/9/25 at 9:36 pm to Titsbywilly
quote:
Titsbywilly
I must have missed a page.
Posted on 10/9/25 at 9:38 pm to fightin tigers
I think he meant to post that in the "people born in 1900" thread. 
This post was edited on 10/9/25 at 9:39 pm
Posted on 10/9/25 at 9:39 pm to idlewatcher
Yes
Posted on 10/9/25 at 9:40 pm to RummelTiger
quote:
I hope Dwight got a nice bonus.
Oh you know Dwight got his nut (in more ways than one
)This post was edited on 10/9/25 at 9:45 pm
Posted on 10/9/25 at 9:42 pm to BigBinBR
quote:
Wait until they start using your business to buy other businesses and load your business up with debt. Then bankrupt your business because it cant pay the bills. All the while taking profits from the businesses they bought under your companies name.
This exactly….been there and done that. Business is business, but they ruin a bunch of people’s lives in the process and just don’t give a frick. Prepare for a bunch of heart attacks and divorces among your friends.
This post was edited on 10/9/25 at 9:53 pm
Posted on 10/9/25 at 9:47 pm to Spankum
The client I'm working for was forced by the PE appointed board to rip and replace all IT support, on every level for a consolidated third party. They were given four months to do this. It's beyond clear that nobody though about how to execute any of this before they made the mandate (changing certificate owners, terminating vendor contracts early, etc.) but I'm pretty confident that some of the board members benefit from the outsourcer getting new business.
Posted on 10/9/25 at 9:52 pm to HonCHO
quote:
They try to get the operating cost down and profit up as much as possible with the end goal of selling the company for a quick profit. They are leveraged against their investors and the bank. It’s basically like flipping houses except they’re flipping businesses. They’ve micromanaged us like I’ve never seen before, and turned a pretty good company in to a horrible place to work. Morale is lower than I’ve ever seen. PE will be the end of America.
They did it to your company, but they've done it to my entire industry. It's wild.
Just look at pets/veterinarians. I got a quote today for my dog's flea/tick shot for the year... $700.
It's not inflation. It's stretching a consumer to the absolute point of saying I can not financially have a pet.
Posted on 10/9/25 at 9:55 pm to HonCHO
quote:
My Experience with Private Equity
You literally described the PE business model.
-A guy that works for a PE backed firm
Posted on 10/9/25 at 9:56 pm to H2O Tiger
quote:
You literally described the PE business model.
It isn’t.
Posted on 10/9/25 at 9:58 pm to Mo Jeaux
quote:
It isn’t.
Explain
Posted on 10/9/25 at 10:02 pm to H2O Tiger
quote:
Explain
You’re characterizing an entire industry with the actions of some bad actors, which admittedly are the ones that get the press.
Posted on 10/9/25 at 10:12 pm to Mo Jeaux
I love PE buying up my competition. The quality of the competition goes to hell and we feast on these diluted companies. Their former customers know the difference and we win. The good people don't want to work for these companies and we get the good people., Bring on more PE.
Posted on 10/9/25 at 10:17 pm to dovehunter
Great.
Posted on 10/9/25 at 10:23 pm to Penrod
quote:
Everything you describe, except low morale, sounds like great business management.
Micromanagement sounds like good business management to you? I worked for a company that was owned by PE, they lost a bid on some work for a large client to a company that was near sourcing, and as a result they essentially tried to squeeze blood from a stone from each employee via micromanagement. It’s toxic, and then they wonder why morale is down
Posted on 10/9/25 at 10:29 pm to Kingpenm3
quote:
It's stretching a consumer to the absolute point of saying I can not financially have a pet.
Pets are terrible for your finances.
Posted on 10/9/25 at 10:35 pm to HonCHO
Suck out what they want, drive it to the ground, sell it back for pennies on the dollar
Posted on 10/9/25 at 10:43 pm to East Coast Band
quote:
Sounds a little like the wife's job. Though maybe a little less ruthless.
Screwing people for money?
Posted on 10/9/25 at 10:54 pm to Mo Jeaux
quote:
You’re characterizing an entire industry with the actions of some bad actors,
Those aren't bad actors, that is literally how the business works.
1. Buy a business (struggling or otherwise).
2. Identify inefficiencies and ways to correct them (every business has them).
3. Trim the fat (through layoffs or attrition due to increased performance standards)
4. Boost the company's balance sheet
5. Sell
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News