Both organisations have similar employee structures and merging will save £3 million and take ten months.
1) Have HR introduce a voluntary redundancy programme before anyone is laid-off. 2) Reduce additional costs by investing in new tech and a single manufacturing location. 3) Work to improve product quality and build strong relationships with current customers.
In addition to saving money, a merger would make a stronger company.
As a result of the merger up to 20 employees will be made redundant. Also there may be unforeseen manufacturing issues with the product as a result of new processes.
Plan a structured merger with objectives and timelines. Ensure HR is prepared for all people management issues to ensure a smooth transition.
4. Consider expanding and finding roles for remaining staff.