How to communicate effectively to employees during mergers and acquisitions
Mergers and acquisitions occur in all types of industries and affect employees throughout the organization – from the executive suite to non-desk frontline workers. 2020 was a challenging year, and we saw many mergers for various reasons. Among them were companies looking to expand into new markets, companies looking to grow bigger, and mergers focused on consolidation to reduce cost and increase operations. We also saw events where companies in struggling industries merged as a desperate move to survive.