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Is it possible to move from parent companey to acquired company.

 
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Hi,
Does it is possible to move from parent company to acquired company like interanal job shifting?
example :
oracle to iflex
or iflex to oracle
capgemini to kanbay.. ??
[ January 24, 2007: Message edited by: Mark Herschberg ]
 
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How can this be possible?
Suppose company X takes on company Y , henceforth company Y is non-existent , so how can you move to Y.
 
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Just because a company acquires another company doesn't mean the acquired company ceases to exist - it could if the purchasing company wanted to merge with them. However they may just be purchasing a service they need. Then all expenses the parent company pays for that service wind up as operating expenses and profits to the acquired company.

Under this mode of operation it would definately be possible to move back and forth between companies. I'm not sure how transparent it would be. I worked for a large company that split the software development division into its own company, all employees in IT were shifted to the newly formed wholly-owned subsidiary.
 
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Originally posted by ambar patil:
Hi,
Does it is possible to move from parent company to acquired company like interanal job shifting?



Yes it's possible in some companies. No it's not possible in others. You need to check with HR on the corporate policies.

--Mark
 
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Ambar,
This depends again on the company policy.In oracle it is possible to move from a BU to another after 18 months...But am bit sceptical how easy the move would be...
 
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Originally posted by ambar patil:
Hi,
Does it is possible to move from parent company to acquired company like interanal job shifting?
example :
oracle to iflex
or iflex to oracle
capgemini to kanbay.. ??

[ January 24, 2007: Message edited by: Mark Herschberg ]



If it was then all iFlexian would have moved to Oracle. I guess.
 
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This is purely a policy matter for any company and is not dictacted by any labor laws. If your company allows, go ahead...
 
Consider Paul's rocket mass heater.
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