Restructuring…again

A couple of weeks ago my company issued its IMS. In the statement we missed our EBITDA contribution by a few percent. In the same announcement we also announced a restructuring charge of between $14-18m. It sent shivers down the spines of all colleagues that have lived through such ‘restructures’ in the past.

On Friday it began.

Mid afternoon the whispers began in the office. The Skype messages went back and forth between colleagues worried for each other. And the rumours about office closures, and numbers of lay-offs spread like wild fire.

Today, I took a phone call asking whether the restructure had happened in our office, that it was rumoured to be happening today.

Unfortunately, it didn’t. I say unfortunately, not because I’m being flippant, but because I’m already mopping up the tears of my team members who are worried, no, distraught at the impending changes and over losing their jobs. I’m in no different position. I face being put ‘at risk’, just like all of them. None of us know. None of us have any clues. It’s the not knowing that is upsetting people. People add one and one and make three.

The atmosphere sucks. It’s oppressive in the office. It’s difficult to concentrate. It’s like waiting for the guillotine to fall.

Yuck.

So, here I sit, not looking forward to tomorrow. But, I’ll get up in the morning. I’ll put my face on and I’ll drive the 40 miles to the office. You never know, I might be home again soon. Then again, maybe it’ll be tomorrow evening before I’m back.

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