All sounds familiar with Boston consulting. They were hired at my previous company to do the same thing (operational efficiencies, “flatten the org structure”).
- Layoffs
- Severance
- Real estate consolidation, branch closure
- Interviews with associates prior to displacement (roles, responsibilities and short term goals)
- Consolidation of roles mainly in operations, enterprise risk and vendor management (first and second line)
- When teams were consolidated tenure superseded anything (if the senior most executive wasn’t performing consider them gone or forced into early retirement)
- Hard work and dedication ultimately rewarded (titles, pay increases and etc)
- Spans and layers (never stuck at my old company)
- Operational expenses and high paying jobs required executive approvals
- Vendor consolidations, contractors axed (unless approved by executive)