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Personnel Today

Key merger role for junior Corus staff

by Personnel Today 15 May 2001
by Personnel Today 15 May 2001

Junior members of the HR team at steel company Corus played a key role in
cutting senior management positions after British Steel and Dutch aluminium
giant Koninklijke Hoogovens merged.

After the merger was announced in October 1999, these junior staff helped in
supporting the redundancy process and to develop HR policies for the merged
company, including a health and safety policy.

The company had to reduce the number of its senior managers from 800 to 500
by the end of December.

"This did not go down well with some of the senior HR people in the
business.

"But they were candidates for some of the roles and I could not use
them," he said.

Johnston said that if British Steel had not merged the 6,050 UK redundancies
that the company confirmed this month would have happened a year ago.

Johnston said he was involved in the merger process the day after the chief
executives of the two companies had made the decision to join forces.

"A lot of difficult decisions had to be made. We decided to do it fast.
We probably got 95 per cent of appointments right and five per wrong. Getting
95 per cent right fast is better than getting 98 per cent slow."

Personnel Today
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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