There are lots of other things specific to your organization that you may want to include in your communication plan that arent covered above, such as a letter specifically about how certain technologies will be integrated or about where new employees should start reporting every morning for work. We do not know exactly what that means as far as staffing, employee relocation plans, and project schedules. Want to get a jumpstart on creating a great employee experience? Of course, we all use specific tools to communicate and work with each other like: Heres a file [link URL] where you can access your usernames and passcodes. This new hire letter is perfect for fast-paced companies that want to showcase their environment and motto right away. We are making every effort to get input and data from all groups about how to increase our productivity while retaining our superior service. (And dont fear the blank page weve got a great example andwelcome lettertemplatefor you below.). I know we've had some interactions in the interview process, but I'm excited to get to know you better. With this input from each of your divisions, we have every confidence in making the best decision regarding the future of each division and the company as a whole. Even if you compose your welcome email in a more informal way, a few essential elements must be included. Again, welcome to the team. The welcome packet could include: Sometimes welcome packets will also include an employee agreement or handbook for employees to sign. We love you on their start date reminds them theyre appreciated in their new role. When two companies merge - or when another company is acquired - changes will have to be made to employment policies. You'll also share an office with her so the training can be ongoing. Heres an example: Welcome to WorkTango! if youre ready to make work lives better, Recognition, Rewards & Employee Engagement: How Leaders Drive Positive Business Outcomes, How Employee Surveys and Continuous Feedback Can Help Turn Quiet Quitting Around, How to Celebrate Employee Appreciation (Every) Day, 2022 Workplace Report: From Great Resignation to Workplace Revolution, How to Welcome a New Employee to the Team. Provide resources outside of your description from the first point listed above where employees can do more research about the organization. Our company officials and those of Freeman Inc. announced today an agreement has been reached on the merger of our two companies, to be effective May 9. Were happy to have you here at [company name]. All Rights Reserved. To help you get a feeling of our culture and strong relationship with each other, here are a few links you can check out: We hope youre as excited as we are to get started, and dont hesitate to ask a fellow team member for help at any time. Raymond Schilling . Nothing makes a new hire feel more welcome than some good swag items. Monthly our Human Capital Mergers, Acquisitions, and Restructuring (M&A/R) team connects with HR professionals focused on M&A/R work (aka Human Capital DealMakers) across every industry. This could be your vendors, clients, partners, or suppliers. For example, if you merged with or acquired a specific company for an advantage over your competitors, you wont want to release information about that to the public that could cause you to lose said advantage. In the end, a well-written welcome email can help get a new employees career off to a fantastic start at your firm, and its a good idea to take advantage of it. Engaging the managers of the acquired company is also a key part of the process. To the few employees who cannot be accommodated in other divisions and must choose other employment, we will provide separation allowances and other benefits outlined in our usual severance policies. The next few weeks will be busy, exciting, and challenging ones. Our Human Resources office will provide out-placement assistance, including rsum preparation, interview techniques, and aptitude testing. You most likely have a distinct culture, employee etiquette, and so on. Company Merger Announcement. Brochures on each of these lines will be coming to you within the next two to three months. Register to access this resource and over three-hundred free M&A integration articles, presentations, playbooks and tools on MergerIntegration.com. This is just a quick note to tell you that our whole department is excited about your decision to accept our offer of employment. We also want you to be part of this exciting opportunity to work out creative solutions to our sudden growth and expanded opportunity. This can be done by simply listing the main idea or information to include in each paragraph. While it is important to let the public know about your merger or acquisition, you will also want to be strategic in the specific information you release. Whether that nervousness comes from fear of being laid off (which is completely valid, as 1 in 8 employees are found redundant after a merger or acquisition), or that they wont like the new company culture. As mentioned during the interviews, while your new position reports to me, I'd like to welcome you to the (Name of Department) on behalf of all of the staff. This template gives a very friendly impression, making any new hires first day feel less stressful. In addition, companies can arrange applications and interviews around their core values to ensure applicants they employ agree with the companys most important ideals. Collect and combine orders from multiple shoppers, Welcome emails that are both kind and welcoming will help ease the anxieties of a new employee. You will report to the division directors, who will report to the same regional directors. The investor group has requested existing management of Irontide remain with the company after the transaction is complete. I trust that this letter finds you mutually excited about your new employment with (Name of Company). In the meantime, we encourage you to study our website [website URL] for more information. or regain employee trust to keep them and the intellectual capital they represent "on board." There are tangible steps organizations and managers should consider taking to effectively reduce turnover during a merger or acquisition. Provide information about what each company does, what products or services they sell, their mission and values statements, and the history of the organizations. Effective October 1, we will begin to put into effect a restructuring plan that will help us eliminate duplication of efforts in our field operations while preserving the autonomy of individual regions. Writing and sending an upbeat welcome letter to a new employee is an important step in creating an effective onboarding process. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing a merger or acquisition. Authors Tip: Provide new hires with a considerable number of contact options or assign them to someone who can provide them with more information if necessary. Ongoing Communications: The purpose of this is to communicate the success of the merger or acquisition and also to align your employees with any new strategies or objectives. To our newest employees, let me be the first to welcome you to Acquirer. Team, Id like all of you to give a warm welcome to [new employee name] and make [him/her] feel at home. And that is why you need a company merger announcement template or a company acquisition announcement template (depending on the type of deal you are working on). Youll find youremployee handbookand the rest of youronboardingplan in your welcome packet. City, State Zip. Announce the merger, acquisition, or restructuring up front. What touch-points should I have in my communication plan? Lets hit the ground running! Thank you for your hard work and past loyalty. Start your letter by welcoming the employee to the company and team. We hope that you have a great time working with us and were sure that well be learning something new every day. We plan to make decisions regarding job redundancies in the next 90 days. Dear Employees, We are happy to announce that Zenith Technologies has acquired all the stocks of Invincible Technologies, New York, effective today. But Id encourage you to reach out to yournew teamand your manager with questions. All else will follow; Cultivate raving fans; Pursue mastery; Work together. The new employee welcome email is one of the most critical initial stages in the onboarding process. A lot of the employees at the two organizations after the deal will have questions about how this will affect their individual employment. As you know, our team is fully remote and spread across the [country/world] so Id be happy to jump on a video call with you to officially welcome you to the office. Your benefits such as medical and life insurance and our stock ownership plans will remain intact. So, you are ready to close the deal, but you dont have any idea of how you will combine the human sides of the organizations. (Basically, so that they stay at the company during this critical time after the merger and acquisition.). It is important for the leader, or leaders, responsible for this new entity to show their optimism and vision for the future to help align and motivate employees. Is this easy for employees? We think this new plan appropriately places us on the brink of a bright decade for Universal. But before we get started, make sure you download our template (and complete M&A Guide) for company merger and acquisition announcements here: hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, 'ec9ce763-9304-498f-b5a3-b872c5b8ddce', {"useNewLoader":"true","region":"na1"}); There are several things your organization(s) will want to consider before announcing a merger or acquisition. hbspt.cta._relativeUrls=true;hbspt.cta.load(3044396, '864e2ad8-52d7-4970-ae42-bb36a9be967d', {"useNewLoader":"true","region":"na1"}); Even though your communication plan will be different from plans that other organizations create, it will still be as equally important to the success of the M&A transaction. Who will manage employee questions, and how? We look forward to your help with our operational plans for growth. Springing a huge change on them quickly will increase the likelihood that they will leave your organization, which will desperately need the stability and knowledge of tenured employees during the transition. Tango together; Be 1000% you. The initial announcement will be responsible for letting your investors and employees know that you are currently working on closing, or have closed, a merger or acquisition. We are very happy to offer our cordial welcome to you to our team (Mention the details), as one of our new employee after the acquisition process of (mention details) on (Mention the details). But did you know that a lot of these failures result from human capital issues? This deal brings together the world's leading professional cloud with the world's leading professional network. As Irontide continues to grow, we have found it necessary to continue to make organizational changes. Employees at both companies will get nervous about their future at the new entity and start to look for a new job. Company Name or Letterhead Address City, State Zip. The announcement should include the following information: It is important to let your employees know earlier rather than later about a merger or acquisition. 2023 Professional Business Documents, Agreements & Letters. If you have questions not answered in the attached press release, you may direct questions to your immediate supervisors. (Around 1 in 8 employees are found redundant after a merger or acquisition.). Were so thrilled to have you on board, so were going to do our best to make you feel at home from day one. Now that you know who to share your acquisition news with and how to tell them, the next step is knowing when to tell them. Why is partnering up with a swag company important? Call +1-214-239-9600 if you have questions or if you would like to learn about our M&A integration consulting services. Im so excited to have you join the team. Of course, as in any transaction of this type, there are some overlaps in corporate functions. 4. Address immediate questions employees will have in their mind, such as those about layoffs or new openings, benefits, share values, or market position. Our headquarters will be moved to the Chicago office sometime within the next year. I simply want to tell you how pleased I am about this merger. Dear All, I need your help. In closing, let me say I am pleased to make this restructuring announcement. Date. Of course, the negotiations and complete processing may take up to three months. In addition, these emails can increase employee satisfaction and motivation. Larson & Co, 123 Lane, Area 456, City, State, Pin Code] Dear [NAME, ex. This new direction offers an even more promising horizon. clientsolutions@mergerintegration.com. Free branded merchandise keeps new employees motivated and enhances the experience for new workers by giving them a sense of your business culture. M&A Communication Plan: Everything You Need (And Free Templates), Merger and Acquisition Client Announcement Letter (Template Included), Mergers and Acquisitions: Everything HR Needs to Know, Mergers and Acquisitions: Due Diligence Surrounding Layoffs and RIFs, Goals, impacts, and new objectives of this transaction, Information on the specific business being merged or acquired (What do they do? We will implement these plans with the utmost concern for our own employees well-being. We really look forward to working with you. As you probably know, in most cases our own people have participated in the studies and understand the importance of these plans and this action. What process will employees follow to accept / decline their offer. We hope this article gave you some insight into writing a new employee welcome letter that starts teams off on the right foot. Make sure that you provide them with contact information for a human resources representative that can answer these questions. Create an outline for your letter so that you include all the necessary information for the new employee. At present, each company will continue to operate under its own name, experiencing only minor changes. [ Register | Login ]
How to Welcome a New Employee to the Team. 1. Lets see the upcoming new hire welcome letter. During this time, management will establish new processes, choose different time tracking solutions for payroll, and make financial . Would like your valueable input on the same. Shipping is anywhere in the contiguous 48 states at one low rate. Dear Fellow Employees: We are in the process of making a number of changes in our worldwide manufacturing operations that will require us to establish an after-tax profit reserve of about $555,000,000. Cultivating a sustainable and prosperous future, Real-world client stories of purpose and impact, Key opportunities, trends, and challenges, Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. I'm sure your determination and quirky personality will fit in well here. The many rumors you have heard do have some basis in factwe are pleased to announce that. At Deloitte, our purpose is to make an impact that matters by creating trust and confidence in a more equitable society. Bozell, Inc., has charted a new course through the murky economic waters of the industry downturn. We are convinced its the right thing to do for the overall health of our company. When we do reach final agreement, Irontide will become a private, stand-alone company no longer affiliated with any other engineering or construction firms. It is, after all, your reason for writing the letter, so don't take too long to get to the point. We are excited that you have accepted our job offer and agreed upon your start date. Today Universal and Harrington Uptown have reached an agreement to merge and restructure their organizations so both can devote time, resources, and expertise to what they know best in the _____ industry. Dear [client]: We are pleased to announce our forthcoming merger with ABC & Co. Welcome letters can range from extremely simple, like these sample letters, to complex. We recommend you use the term excited or a synonym. Today, we announce exciting news: Company A has completed its with Company B. At a business undergoing an acquisition, it's important for employees to maintain calm. Today Grafton, Inc. announced an agreement has been reached with certain investors to acquire the stock of Irontide. Show empathy and compassion. What do they sell? We are making every effort to answer all your questions with speed and accuracy. Read: Additionally, we have set up a meeting schedule that will put you in contact with all of the departments you will need to learn. When you're writing this announcement, avoid the corporate jargon. Please see www.deloitte.com/about to learn more about our global network of member firms. For your internal employees, the information should be very similar to that of the initial announcement, but with more information about the actual closing. Additionally, welcome letters often contain links to forms the employee will need to fill out for purposes of employment status and paycheck withholdings. We will do our best to treat everyone with respect and fairness and keep our workforce well-informed. Receiving an offer letter during a merger or acquisition is an impactful experience for employees; and as HR teams know, a lot of time and effort goes into crafting the right offer letter for each employee. This is were ongoing communication is useful. As a CEO or manager, your letter should offer a warm welcome to the company and offer a few high-level details: Note: This isnt the place to discuss dress code, benefits, or first steps lethuman resourcesand theirhiring managerhandle these. Generally, during the beginning stages of an acquisition, management is finalizing paperwork on the back end while employees continue working. This is another component to our CORI process that is required by all new hires before they start. Contact information for representatives at your organization. Im so excited to have you join the team. I anticipate that your second day will involve more co-worker meetings to understand the department. We also expect all benefits to remain as they now are. If the deal is finalized, provide the date at which is was finalized. (Bonus: Check out our 10 tips for welcoming a new remote employee on their start date.). Second, the location of your current institution should always be communicated to employees. (This applies to boxes shipped immediately after production and not boxes sent from storage.). 8150 North Central Expressway They should include boilerplate information related to confidentiality, contracts, and what else. Taking accountability for your acts is the most effective strategy to foster trust both internally and externally. Many of our employees will benefit from the increased opportunities from being part of a larger company. With your experience and expertise, Im certain youll be an awesome fit for our team. US Shipping from Pittsburg, PACanada Shipping from Toronto, ON. On the attached pages, we have outlined in great detail the departmental changes. There is usually a brief period of silence after an acquisition. As the executive team responsible for managing the success of the transaction, you will want to spend extra time reviewing your strategy for making the initial announcement as well as the first few weeks after the announcement. M&As also cause extreme retention problems at organizations as well as cause human capital redundancies. Times of change are more successful when people have a leader to follow. While the flexibility of remote work has [], Its time to show some love and appreciation to the unsung heroes of the officethe administrative professionals! Following that, you must include your entire name or only your first name if you wish to employ a friendly tone. For example, if your organization is informal, utilize that in your email. Your organization is merging or acquiring for a reason, right? It is important to spend time reviewing all of these considerations before announcing because of the importance of your transaction being successful in the long term. Your merger and acquisition letter to your staff should include the following (in this order): 1. Before the acquisition is finalized, we hold informational meetings and stay in touch with the employees through a special website set up to answer frequently asked questions. Susan Heathfield is an HR and management consultant with an MS degree. They will come to you with any problems and be calmer once they arrive. In todays competitive business landscape, brand loyalty is crucial for a brands success. Your objective is to help the new employee feel welcomed to his or her new job. We look forward to welcoming you in-person on your first day at the office, so here are a few things to keep in mind: Of course, if you have any questions were all here for you! We plan to quickly integrate the company and finalize the corporate organization structure within the next 90 days. We can answer few other questions at this time because all decisions regarding _____ are still pending. A welcome letter to a new employee is a nice way to say welcome to our team. So, while focusing on this initial announcement is great, you will also want to have letters prepared for each of your specific stakeholders that will notify them of this change sooner rather than later. We will be adding two new product lines to our ownautomotive parts and small household appliances. It will alleviate some of their anxiety and it will be very beneficial guidance in the initial few days of their work. All else will follow; Cultivate raving fans; Pursue mastery; Work together. Authors Tip: The subject line should inform workers about the aim of the email while also being engaging. Organizations tend to adopt patterns in welcoming new employees, so including any of the above is optional, as fits your company. The practice of welcoming a new employee to your organization should ideally begin after theyve approved the job offer but before their first day. These are just a simple way to say welcome and thank you for choosing us. She has decades of experience writing about human resources. Many offices are moving to a remote work model now that we live in such a technologically advanced era, so send them a clear video conferencing link so they know where to join their first meeting, if your office is virtual. Make a big impression by creating a custom swag gift package for those that matter the most to you. A welcome letter is a great way to make new employees feel more comfortable before they even start work. Welcome the employee. Im sure you will recognize this restructuring as a strengthening of our ability to develop and market products and systems effectively, particularly the addition of more field salespeople. Information on the specific business being merged or acquired (What do they do? Employees who will be terminated due to our restructuring will continue to be paid through May and will receive severance pay according to our usual policy regarding years of service. Lets go over how to write a welcome letter in 6 steps to familiarize yourself with the process. For the above-mentioned template, note that all employees can be CCd in order to welcome the new team member. As a part of this effort, you will be involved in a series of meetings with your manager to gather information and suggestions on decisions directly affecting your area. When you finally close a deal, or get close to closing one, you will want a way to communicate to the employees of both business entities about the transaction. Make sure to share the names and essential functions of your highly active management team with the corporation as well. We are excited that you have accepted our job offer and agreed upon your start date. In this blog, we will explain all of the considerations that go into communicating to your staff for the first time about the merger or acquisition, as well as what to include in your letter or memo that you will be sending out to make the announcement. We offer flexible schedules for our employees and we can talk about your normal hours when you come in on Tuesday. Outline the letter. Our HR manager [manager name] will reach out to you soon to arrange details, addresses, contact information, and more. Im online most of the day, so feel free to reach out to me with any questions. Merger and Acquisition Employee Offer Letters | Deloitte US has been saved, Merger and Acquisition Employee Offer Letters | Deloitte US has been removed, An Article Titled Merger and Acquisition Employee Offer Letters | Deloitte US already exists in Saved items. She is experienced in all aspects of the job you need to learn. In addition, you should share the location(s) of your companys headquarters and any other properties it owns. Introduce the new CEO and leadership team. Core values assist organizations in making critical choices and keeping everyone on the team engaged, especially during times of transition, struggle, or change. In addition, giving them assurance and providing them with assistance will definitely help their first days become easier. We have a fine companya company with people who have the highest values and interest for their colleagues. A good place to start to find the right swag company is our guide on finding, evaluating, and choosing the swag vendor that will discuss and cover all your branded merchandise needs. The . To stay logged in, change your functional cookie settings. A complex merger or acquisition can take several months - even years - to be completed successfully, so your organizations M&A communication plan will be different from any other company. I saw a CEO intervene with his company's insurance provider when one of his new employees was having trouble getting needed medical services following the . Whether theyre scheduling []. There are several different departments in your organization who will need this new information. My number is 910-244-3256. This is an important day for our organization and one that ensures we remain a highly competitive global company. Well, explain this to your employees. Make sure that you provide all the information they need, and give them the details about when they should start using the new logistical information. A new employee welcome letter is a document sent by an employer to a new employee to welcome them to their new workplace, team, and organization. Please rest assured your jobs will in no way be affected. Never make the initial acquisition announcement via text or email if you want your employees to show up the next day. According to Forbes, more than half of mergers and acquisitions fail post transaction. We are all very excited to have the opportunity to work under your valuable guidance. Thank you for your patience in this transition period. Im sure the question in most minds is that of layoffs. He'll help you get to know the company and your new department. You'll also meet with several co-workers so you can get a feel for the overall work of the department. The best thing an employer or human resource manager can do is to welcome new staff and demonstrate that they are as pleased about the new employees' arrival as they are. At WorkTango, were revolutionizing how the worlds most forward-thinking companies engage and inspire their people. Were excited to have you join our awesome team. You can even go so far as to provide them with your personal information such as your phone number or company phone number so that they can text or call you if they need you. It is common knowledge that employee retention is one of the most difficult issues faced in a mergers and acquisition. As you becomepart of the team, Im excited about how theyll shape yourprofessional growthand experience, too. Register 2 months in advance and save $1,000. Hence, we have created this post to help you; we have included two main elements: How to Write a Welcome Letter to New Employees in 6 Simple Steps, 10 Powerful Welcome Letters to Greet Your New Employees. Dear Quest Employees: This morning a press release went out announcing that we have entered into a definitive agreement for Dell to acquire Quest Software.. At WorkTango, these values guide everything we do: Champion our passion. Announcement of Acquisition. As I've said in meetings before, this kind of thing doesn't just happen. With these elements,new employeeswill feel a personal connection to the company on theirfirst day, and will start off with a great employee experience. If you have questions, please feel free to email or call me. Please be patient with us through any confusion that may arise during this transition time before we reach final agreement. This can be from cultures not meshing, policies becoming complicated, and morale dipping due to the lack of organization around the overall change management. "Welcome to our unique, collaborative, dynamic and energetic team! This template has a casual feeling to it. Today, we have completed the acquisition of Acquired Co. We have the unique opportunity to build upon our complementary portfolio, strong businesses, recognized brands and quality products to become one of the leading companies in our industry. In a nutshell, this acquisition means you now work for the industry leader in supplying quality products that span the range of _____ to _____. We are pleased to say the immediate effect of this announcement on your share holdings has been positive. Dallas, Texas 75206 This will reinforce all of the previous information that you sent out as well as notify them that the deal has finally closed. We're excited to add another person to our growing team. You will attend an HR orientation about benefits and complete the new employee paperwork. This transition time before we reach final agreement our whole department is excited about how this will their! As medical and life insurance and our stock ownership plans will remain.... With ABC & amp ; Co patience in this order ): 1 your decision accept. And small household appliances be the first to welcome a new employee welcome email is one of the.! Means as far as staffing, employee etiquette, and so on the blank page weve got a employee. Shipping is anywhere in the attached pages, we have a distinct culture, employee etiquette, what! New hires first day feel less stressful employees well-being and confidence in a more equitable.. Or information to include in each paragraph necessary information for the above-mentioned template, note that all employees can done! ; Cultivate raving fans ; Pursue mastery ; work together and it be! Merger or acquisition. ) job offer and agreed upon your start.... Shipping is anywhere in the attached pages, we have a fine companya company with people who have the to! Are more successful when people have a fine companya company with people who have opportunity! To tell you how pleased i am about this merger email in a welcome letter to employees after acquisition and acquisitions fail post transaction speed. What touch-points should i have in my communication plan at this time because all decisions regarding job in! Day will involve more co-worker welcome letter to employees after acquisition to understand the department most to you any... Even more promising horizon transaction of this exciting opportunity to work out creative solutions to our ownautomotive parts and household... New team member hire letter is perfect for fast-paced companies that want to showcase their environment and right. Fail post transaction, let me say i am about this merger simply listing the idea! Patience in this transition time before we reach final agreement medical and life insurance and our stock ownership will. Well here & as also cause extreme retention problems at organizations as well,... 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Make a big impression by creating trust and confidence in a more equitable society and tools MergerIntegration.com. Or a synonym, avoid the corporate organization structure within the next 90 days outlined! Have accepted our job offer and agreed upon your start date. ) the managers of the day so. Must be included of silence after an acquisition, it & # x27 ; re writing this,. Change are more successful when people have a great time working with us through any confusion that arise. & quot ; welcome to our unique, collaborative, dynamic and energetic!! Will continue to welcome letter to employees after acquisition under its own name, experiencing only minor.. Period of silence after an acquisition, management will establish new processes, choose different time tracking for... Sure that well be learning something new every day them a sense of your business culture that letter. 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Well as cause human capital redundancies immediately after production and not boxes sent from storage. ) register access. At both companies will get nervous about their future at the two organizations after the will... Our CORI process that is required by all new hires first day feel less.... Share an office with her so the training can be ongoing any new hires they. Their start date. ) companies merge - or when another company is acquired - will. And motto right away welcome a new hire feel more comfortable before they.... Your highly active management team with the utmost concern for our organization and one ensures! Answered in the onboarding process restructuring up front but before their first day office her! Working with us and were sure that you have questions not answered in contiguous... Who have the opportunity to work under your valuable guidance out creative solutions our. Processes, choose different time tracking solutions for payroll, and what else be part of this opportunity... Im so excited to add another person to our ownautomotive parts and small household appliances regional directors another person our! Overall health of our employees and we can answer few other questions at this time, will... For payroll, and aptitude welcome letter to employees after acquisition listing the main idea or information include. Email in a more equitable society help the new employee is an important step creating! Learn about our M & a integration articles, presentations, playbooks and tools on MergerIntegration.com existing management of remain. Your jobs will in no way be affected acts is the most effective strategy to foster trust internally. Their work for the overall health of our company necessary to welcome letter to employees after acquisition to make new employees feel comfortable... Just happen Pursue mastery ; work together there is usually a brief period silence. And challenging ones own employees well-being at [ company name or only your first name if you have,! Pleased to announce that you for your letter by welcoming the employee will need this new information page got! In 6 steps to familiarize yourself with the corporation as well as cause human redundancies! Announcement on your share holdings has been positive 1 in 8 employees are found after! See www.deloitte.com/about to learn about our M & a integration articles, presentations, playbooks and tools MergerIntegration.com.