HR project management case study
OPEX reduction and restructuring program
Country: Germany
Industry: Telecommunications
Company: GmbH, ~€600 million revenue, ~3000 employees
Team: 5
Duration: 12 weeks
Scope: OPEX savings through a reduction in staff of 215 FTE.
Initial situation:
>>> The group's top management assigns the country organization a binding target for reducing operating costs (OPEX).
Project:
>>> Assessment of local savings potential by the CEO/CFO
>>> Agreements on a socially responsible and transparent reduction of staff while complying with all legal and operational requirements
>>> Information to the works council regarding the operational change pursuant to Section 111 of the Works Constitution Act
>>> Drafting the social plan and negotiating with the works council
>>> Information session for employees
>>> Reduction of staffing levels in accordance with targets and social plan
Project result
>>> Workforce reduced by 215 FTE
>>> Ensuring ongoing business operations with a reduced number of employees
Added value for the company / ROI
>>> OPEX savings achieved in full and on time
