In 2024, a Fortune 500 global organization formed a new technology company as a wholly owned and independent corporate entity. The technology company provides business management and financial solutions. The formation of the company resulted in a significant reduction in force across 9 countries in a highly sensitive employee and regulatory environment. With no internal precedent for managing a global RIF, the company needed a strategic partner to ensure a smooth, compliant, and culturally aligned transition process.
Challenges
Benefits
As a newly formed entity, the company was navigating:
Strategic RIF & Communication Support
Tailored Outplacement Programs
Post-RIF Re-Engagement & HR Enablement
The global outplacement project demonstrated CMP’s ability to support a clients' specific needs, and quickly bring strategic and tactical support to a complex global reduction in force. With CMP's support, The organization navigated the risks of a global action, protected their emerging brand in the markets they do business, and provided those impacted with career transition support in alignment with their value of respect, empathy and results.