I'm sure the intentions were good, but the presentation was terrible. Also, it was only one of many factors, but its a catchy line so I chose to call that one out.
Other include:
* Far worse benefits package and no attempt/willingness to make us whole in that regard
* About half the team was told they would no longer be eligible for raises because their salaries were above the top of their IBM pay band
* Several people lost large amounts of 401k matching because they missed their partial vesting date for that year (some by a few weeks) because the transition was done as being fired and then hired again
* Likewise we were not eligible to start contributing to the IBM 401k for some amount of time
* The IP agreement was Draconian (and we aren't in a state with nice moonlighting laws)
* They took away our office's coffee budget, which seems small and petty but it was a damned nice thing to have
* Two of the worst performers were promoted to be engineering managers because they didn't know what else to do with them....
I was only there for a few months after the merger. Talking to some who lasted longer made me very happy to have left. In all about 3/4 of the engineering team was gone within 9 months.