Managing Change During Merger and Acquisition

Merger and Acquisition are two corporate or business changes that could greatly impact the employees. During this change, departments will be closed which means, there will be job losses. When merger happens, some employees will be displaced since they are no longer needed from the company. Merger basically means two different companies become a single entity and this will entail merging some of their functions. Instead of spending money on two departments with the same function, a department could also be merged to reduce costs. Usually, the best employees who… Read More