CPI/New
Options Group
Other
Locations:MarylandWashington,
DC
Virginia
Restructuring and Consolidation of a Global Insurance
Company
Two well regarded and long-standing financial services companies in a major metropolitan area had been owned by the same parent that had decided to combine and centralize all operations, as well as restructure the national servicing operation. This change resulted in significant job eliminations nationwide, affecting more than 1,500 people in 28 locations.
The
Outplacement Challenge
The company needed to find a firm
that could successfully manage a national program, create multiple off-site
career centers, as well as manage the entire outplacement initiative that
would affect so many employees across many different levels within the
organization in multiple locations. The company retained CPI/New Options
Group to organize and manage this national initiative.
CPI/New Options Group's Response
Within 30 days CPI/New Options had
multiple off-site career centers up and running and coordinated all service
delivery throughout all 28 locations. We managed all details, including
nationwide training to ensure consistency throughout our system of offices
and the development of custom programs to be delivered nationally.
Results
The project, which lasted more than
18 months, was successful on two fronts. It helped the client achieve
the reputation of a company that cared about its employees through a difficult
time period, and it assisted all of the employees through their successful
transition to new employment. A win-win for everybody!
For more information about our outplacement and other career transition services, contact a New Options Group consultant from one of our locations in northern Virginia, Maryland and Washington, D.C.