CDP Case Study
Beyond the Merger
Supporting Employees Through Workforce Restructuring
About the Client
This case study explores the successful collaboration between a formerly Tulsa-based energy giant and Career Development Partners during a significant company merger. Renowned for its supportive work environment, community focus, and commitment to employee growth, the company had consistently ranked among the nation’s best employers. While the company’s story has evolved through mergers, its past dedication to employee well-being serves as a lasting testament to its positive impact.
Challenge
Following a merger, the newly formed company established headquarters in a different location, necessitating a workforce reduction in Tulsa. This presented challenges including:
- Job Losses and Economic Impact: Potential disruption to the local economy and hardship for impacted employees.
- Employee Anxiety and Uncertainty: Fear of the future and concerns about finding new opportunities.
- Maintaining Positive Community Relations: Ensuring a smooth transition while protecting the company’s reputation in Tulsa.
Solution
The former employer partnered with CDP to deliver outplacement support. This partnership provided:
- Personalized Career Support: Customized coaching, resume writing, and job search assistance for all impacted employees.
- Local Job Focus: Leveraging CDP’s network to connect employees with opportunities in the Tulsa area.
- Emotional Support and Guidance: Addressing anxieties through workshops, counseling, and resource sharing.
Results
The partnership between CDP and the former employer resulted in positive outcomes:
- Minimized Disruption and Re-employment: Over 80% of impacted employees found new jobs within 6 months, minimizing economic impact.
- High Employee Satisfaction: Positive feedback on the personalized support and resources.
- Preserved Community Relations: The company’s commitment to employee well-being helped maintain their reputation in Tulsa.
Conclusion
In the face of a major merger and workforce reduction, the former Tulsa-based energy giant prioritized its employees by partnering with CDP. This commitment not only minimized economic disruption in the local community but also preserved the company’s reputation. Through personalized outplacement services, impacted employees received the tools and support needed to navigate career transitions with confidence, securing new opportunities and demonstrating the effectiveness of CDP’s approach. This successful collaboration exemplifies the positive impact companies can achieve by prioritizing employee well-being during challenging times.
Participant Quote:
CDP is an outstanding career development firm. Their expertise and personalized approach have been instrumental in my professional growth. They provided valuable insights, practical strategies, and ongoing support that helped me enhance my skills and navigate the job market successfully. The team’s commitment to my long-term success and their genuine passion for empowering individuals is evident in their exceptional service.
Jose B. | Participant
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