Intuit will also close offices in Boise, Idaho and Edmonton in Alberta, Canada where more than 250 employees work.
They acquired a profitable company, TSheets Boise, and then just layoffed the entire thing years later? Product acquired so screw the people that built it?
You're not getting the band back together. I've never heard of an organization surviving more than about a year after being acquired, much less get preserved by a parent company in its death throes. If there was any chance of that happening, it'd take morale and unity behind a long-respected leader, plus a ton of cash to de-acquire the company.
> In 2006, Rissell co-founded TSheets, a digital time-tracking and employee scheduling application for web and mobile applications. The local firm worked closely with California-based Intuit Inc. for several years before the latter bought TSheets in December 2017 for approximately $340 million.
Comments
They acquired a profitable company, TSheets Boise, and then just layoffed the entire thing years later? Product acquired so screw the people that built it?
Seven years after the merger, one year after the founder attempted a murder/suicide? Not sure what you expected here.
Wait, what do you think that event reveals about TSheets? Rissell would already have cashed out by then, wouldn’t he?
You're not getting the band back together. I've never heard of an organization surviving more than about a year after being acquired, much less get preserved by a parent company in its death throes. If there was any chance of that happening, it'd take morale and unity behind a long-respected leader, plus a ton of cash to de-acquire the company.