Ask HN: Would you work for a company just out of Chapter 11?

2 pointsvkdelta2 comments

I have a question about my new Job offer: Should I accept an offer from a large company which just emerged from Chapter 11 bankruptcy ? or accept one from well established company with large cash reserves?

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How confident are you in the company moving forward? What were the circumstances for it going bankrupt?

If you feel confident about the company's future, then analyze it like a normal job offer.

I'd imagine the only concern in joining a company that was bankrupt is whether it will happen again. If you believe this is NOT the case, then why not?

If they want to pay you good money to do work you want to do, take it: we're in a recession. If it tanks, it's a resume line item, if not, so much the better.

Of course, if you have an offer from a company you're sure won't go under, then that might be a better move.

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