Company AThe reorganization of Company A resulted in the loss of 1,150 jobs (13% of the total workforce), and the retirement of over 600 employees. Displaced employees were matched to vacant positions, given severance pay if not offered a comparable position, and provided outplacement assistance.Specifically, the organization reorganized the management of the company first, and trained these managers to make restaffing decisions based on the new objectives of the organization. The company developed and in-placement program to match displaced individuals to vacant positions in the organization. An appeals process was set in place for employees who felt they were not being treated fairly. The process consisted of a board of employees who investigated complaints and made recommendations to management. Severance pay was provided to those employees not matched to vacant positions. In other words, if the company offered an employee a comparable position (even one involving a transfer) and the employee refused the new job, no severance benefits were paid. Relocation packages were provided in the case of job transfers. Finally, the organization offered outplacement services to displaced workers.
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