Kulturkampf

[Nintex]

It's the entire tech industry right now and some other industries as well. Lots of M&As because 50/60 year old owners are not in the mood to rebuild after COVID and none of the new owners have a clue what they're actually buying, except for the expected returns which look good enough on paper but are hail mary best case scenarios. 

After they close the deal they find out that some of the important people have already left or plan to resign, they discover the meaning of 'technical debt' and the contracts aren't as solid as they thought. The owner usually did a lot of the heavy lifting and actual work, something the new folks don't actually intend to do as they are all looking for 'passive income', leaving customers dissapointed and employees lost, demoralized or angry as they were promised 'nothing would change'. 

I had to explain to quite a few new owners as of late that they couldn't just cut our services or stop paying for them because their entire business runs on it and their clients wouldn't be happy to lose all their data and could sue them.

I've also heard stories about domains and Amazon server contracts and such expiring because credit cards weren't renewed taking down all kinds of essential services.