I know: summer is upon us, and in most European countries it’s already too hot to think about anything other than the holidays. But before we go, there’s one more thing I’d like you to think about before you (and I) shut down the computer. It’s about one of the most important aspects of working…
A little over a year ago, I wrote a blog post about the role of EWCs in corporate divestitures. The topic has only become more relevant since then, as we’ve seen this phenomenon occur in quite a number of EWCs over the past year. In short: what is a divestiture? A divestiture happens when a…
Changes with people impact – handle with care! Business optimization projects and restructuring with people impact, require a vision beyond cost-cutting. When companies are looking at cost-cutting, they normally do not address that as such. ‘Business optimization’, ‘Improvement Project’, or other fancy project names are often used to front the cost-cutting that is foreseen. We…
EWC’s essential role when a divestiture is planned European Works Councils (EWCs) are information and consultation bodies, representing employees in European multinational companies. As such, EWCs have to deal with a wide variety of topics and developments. Ranging from restructuring, reorganizations, and lay-offs to investments and acquisitions. And then there are the divestitures. A divestiture is…
