ECONOMIC DOWNTURN - Executive Training - Corporate Coaching Companies - Outplacement

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Client Success Story

  • Project name: Outplacement Services
  • Category: Outplacement/Career Transition/CoManaged™
  • Date: 2011 to Present
  • Industry: Relocation Management

ECONOMIC DOWNTURN

Since 2011, ICC has supported a leading international household and commercial relocation services company with operations throughout the US and international headquarters in Prague and Singapore. The executive team and human resources team relies on ICC to provide compassionate outplacement services to impacted employees with individualized career transition support that aligns with their own culture of care. Their annual reduction in force typically averages approximately 75 to 100 employees per year. Due to an economic downturn in late 2020, the company had an immediate need to reduce headcount by 73 employees. Departing employees were located in seven different locations. Over 70% of impacted employees took advantage of the ICC CoManaged program within 60 days and 20% landed new roles in less than 30 days.