Consolidation Strategy
We have about 900 employees in our office complex and 62 were given a severance package on Tuesday. Only one person within our division was impacted and at this point my staff remains in place. The severance notices came out the day before a Company wide Town Meeting, and the overall impact was less than expected.
Tuesday was a real edgy day. No one really knew was was happening, rumors were rampant and slowly but surely the facts came out. My Director called me and let me know what happened and I communicated that to my folks, however they knew before I officially told them.
The Town Meeting went well as they identified a centralized consolidated strategy for all groups and applications. They identified a time frame of one to two years to complete the consolidation which was a relief to most folks. On Thursday we had a all IT meeting and I asked if there would be further consolidation on the system/infrastructure side. Our CIO stated that they were concentrating on the divisional and application consolidations and when that is finalized they will look at the remainder of IT and identify where they may gain additional efficiencies. That was a long answer for not at this time, however what this means for my staff and myself is, we do not have to worry about being lay-ed off in the next couple of months which will give us to time to show the new management team how we work and what we can do.
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