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Workforce realignment, restructure, downsizing, mergers, acquisitions, headcount reduction, business unit closure, relocation. These are just some of the business terms being used to explain why employees are increasingly finding themselves parting company with their current employer and out on the job market sooner than they had planned. The rapid pace of change, globalisation, and shareholder pressure to perform are forcing organizations to make constant adjustments that lead to difficult decisions regarding employees.
All companies face change at some stage, whether on a large scale or just involving individual members of staff.
How you handle that change can have a profound effect on your corporate image and employer brand. Using career advisory at times of change within your organization can help to smooth the process for all those involved.