All hands meeting, redundancies and selling

[Worryworker48]

The large company I work for is not making as much money as they want. They are trying to sell it as its owned by an venture/investment firm who want to offload after 10 years.
There have been redundancies mainly admin/sales and middle management.
My manager is effected by the latest round so far, they are merging 12 teams into 6.
Im a lowly member of staff but reasonably well paid. I kinda am a product we sell, sort of like consultancy/ coaching.
They really don't care about us,the people who actually deliver value.
Should I give it 6 months before looking or start looking elsewhere now? I've been there nearly 2 years.

I'd start looking now. It's just looking.

Start looking

Start looking immediately everything goes really quiet in August

Even when I am working and secure I always keep job alerts on, you never know what is around the corner. Definitely sensible to look now that you know what is potentially on the horizon. Did they give you any potential timeframe?

Stay for the moment! Do 2 years. Is getting another job easy or very difficult? If difficult, start looking and take a job if offered. You might get redundancy money after 2 years though . However they will know your job exists. They knew your manager’s job existed!

Are there restructured jobs to apply for? What have they told you about restructuring and new jobs? What could you apply for there if you hold on? Years ago, I held on and got promotion. New jobs were advertised and I went for a better one. What does the revised structure look like?

Im going to gently start looking. Not many jobs in my field but other providers I could research if they are hiring.
But will be staying to be made redundant unless I get an amazing offer somewhere.

Your redundancy is unlikely to be worth hanging around for. Don’t underestimate how awful it can be to work in a place that’s being wound down. Get any useful training you can out of them and start putting the feelers out. It takes a few goes to get good at writing applications etc so I’d just get stuck in.

The annoying thing is the company 'only' is only worth £800m. Not the £1b it thinks it's worth!!!
My team made over £12m last year and I personally have made over £2m. Much more than anyone on my team.
But I was the last that joined so worry about first out.