A Better, Fairer Approach to Layoffs
For individual managers and employees, a merger or acquisition is not just a corporate strategy; it’s a personally disruptive—often traumatic—event. What C-suite executives and consultants euphemistically call “postmerger integration” is typically a period of tension, uncertainty, and even chaos. You may restructuring examples have to quickly adapt to unfamiliar policies, practices, and politics; work with strangers from different corporate or even national cultures; or report to new bosses who know nothing about your track record or ambitions.
- Government responses to the Covid-19 pandemic have closed down a significant portion of the global economy, creating severe liquidity problems for many companies at a time when the corporate sector is historically highly leveraged across the board.
- Disruption used to be an exceptional event that hit an unlucky few companies — think of the likes of Kodak, Polaroid, and Blackberry.
- For individual managers and employees, a merger or acquisition is not just a corporate strategy; it’s a personally disruptive—often traumatic—event.
- What C-suite executives and consultants euphemistically call “postmerger integration” is typically a period of tension, uncertainty, and even chaos.
- On average, roughly 30% of employees are deemed redundant after a merger or acquisition in the same industry.
On average, roughly 30% of employees are deemed redundant after a merger or acquisition in the same industry. Disruption used to be an exceptional event that hit an unlucky few companies — think of the likes of Kodak, Polaroid, and Blackberry. But in today’s complex and uncertain world, as we face challenges ranging from climate change to digitization, geopolitics to DEI, organizations must treat transformation as a core capability to master, as opposed to a one-off event. Government responses to the Covid-19 pandemic have closed down a significant portion of the global economy, creating severe liquidity problems for many companies at a time when the corporate sector is historically highly leveraged across the board.
- Disruption used to be an exceptional event that hit an unlucky few companies — think of the likes of Kodak, Polaroid, and Blackberry.
- You may have to quickly adapt to unfamiliar policies, practices, and politics; work with strangers from different corporate or even national cultures; or report to new bosses who know nothing about your track record or ambitions.
- For individual managers and employees, a merger or acquisition is not just a corporate strategy; it’s a personally disruptive—often traumatic—event.
- But in today’s complex and uncertain world, as we face challenges ranging from climate change to digitization, geopolitics to DEI, organizations must treat transformation as a core capability to master, as opposed to a one-off event.
- What C-suite executives and consultants euphemistically call “postmerger integration” is typically a period of tension, uncertainty, and even chaos.
- On average, roughly 30% of employees are deemed redundant after a merger or acquisition in the same industry.
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