COVID-19 and Workforce Reorganizations Part Three: External Events—Managing the Unexpected

COVID-19 and Workforce Reorganizations Part Three: External Events—Managing the Unexpected

December 2, 2020, Covington Alert

As discussed in the previous two installments in this series dealing with voluntary separation programs and global reductions in force, workforce reorganizations can take various forms and, even within a particular scenario, there can be many nuances.

One constant, however, is usually advance planning. The importance of this cannot be overstated, especially in a transactional context. But what happens when this is not possible?

In this final installment in the series, we explore the types of issues that can arise in a transactional context where external factors–such as a global pandemic like COVID-19–cause the parties to re-think their integration plans.