Thursday, March 12, 2020
How to Deal with Mergers, Acquisitions, Company Closings and Layoffs on Your Resume
How to Deal with Mergers, Acquisitions, Company Closings and Layoffs on Your Resume Corporate restrukturierung and Your ResumeCorporate Restructuring and Your Resume When an organization undergoes a merger, acquisition or closing, job seekers are left wondering how to write a resume that convey this information appropriately and effectively. Follow these tips to make your resume shine.Mergers and AcquisitionsIf your organization restructured, combine your employers and stelle history under one employment heading. By consolidating your job titles, youll avoid giving the impression youre a job-hopper.Example 1 Provide one company heading. List your newest employer first.COMPANY A (merged with Company B in August 2011)COMPANY A (acquired Company B in August 2011)COMPANY A (formerly Company B)Example 2 Show a series of lokalitts by stacking your job titles.COMPANY A (merged with Company B in August 2011)absatzwirtschaft Manager, 8/2011 to presentMarketing Specialist, 6/2006 to 8/2011 Marketing Assistant, 2/2004 to 6/2006Demoted?Restructuring has left many employees in lower-level positions than before the reorganization. How do you handle this if youre pursuing jobs similar to those you held before your demotion? Start by focusing on the positive for example, the employer regarded your skills highly and kept you on board during a transition period. You can write something like, Retained as one of only XX employees through corporate downsizing effort based on exemplary performance. Also, by stacking your positions (see Example 2 above), you can list your contributions while in your previous, higher-level position first.Laid Off?If you lost your job as a result of a restructuring, include the position in your resume, and keep a positive tone. Highlight your contributions and the skills you developed, and use your cover letter to explain that you were laid off.Still Standing?Surviving multiple layoffs is an accomplishment in itself. Heres an example of h ow to express that your employer valued your work Earned a reputation for dedication, flexibility and positive work ethic retained throughout organizational restructure consisting of four major layoffs in a six-month period.Employer Out of BusinessIf your employer went out of business, you should still include the experience on your resume. Treat the position like any other job by demonstrating your accomplishments and contributions. If the position was recent, briefly explain the closure in your cover letter. Try to get letters of recommendation and ask for permission to use former colleagues/supervisors as employment references. Be sure to get their personal contact information so you dont lose touch.Did You Participate in the Restructuring?When organizations undergo structural changes, hard work is expected from all employees. When writing about your accomplishments, ask yourselfWhat did you do to help ensure a smooth transition? Did you take on additional responsibilities or sho w flexibility regarding work hours, location, etc., to help meet organizational objectives?Did you keep the lines of communication open? Reinforce key messages? Boost employee morale?Did you help with strategy and planning? Were you involved in developing policies and procedures for the new organization? Did you assist with training?Did you help achieve merger or acquisition integralrechnung success?Did you produce outstanding results despite major organizational changes?As is often the case in your career and life in general, its not what happens to you that matters as much as how you respond to it. You want your resume to reflect that you have reacted well to whatever adversity youve faced in your career.
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