Revelio: Buyouts followed by higher staff turnover

Companies that experienced private equity acquisitions also tended to advertise lower salaries in job postings in the 12 months that followed, Revelio found. — Bloomberg

NEW YORK: When companies are bought by private equity firms, they tend to lose more employees than competitors and post lower salaries in new job listings, according to workforce analytics firm Revelio Labs.

Turnover at these companies was similar to competing firms before acquisitions but higher in the 12 months following the buyouts, suggesting that the new owners may have implemented jobs cuts or that disgruntled employees became more likely to resign, a blog post by Revelio said.