Yes, was a horrible thing for those impacted. However, this was 3% of the company employees affected. Kemper has purchased multiple companies and retained all of the employees. This needed to happen much earlier. Not saying the methodology was right, but to ensure a long term prosperous company, this needed to happen.
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Most mergers are usually bad, the executives “think” it is a plug and play in terms of company integration with the merging company which is far from the case with disastrous outcomes. My sympathy goes out to the people laid off that were competent and top performers.
Kemper has been known to do these layoffs periodically. I would agree with the prior poster, leadership is questionable which leads to questionable company processes.
I believe there was some pruning that was needed. You're wrong about them keeping all the staff of acquired companies. They got rid of a lot of people when they acquired Infinity but it was over a short period of time and not in mass layoffs. That's how they avoid bad press. They also need to stop trying to acquire companies. I remember being in management & hearing about another acquisition when the Infinity one had just finalized & we weren't even fully integrated with Infinity. Those years of transition were a mess & we're still seeing the affects of how bad that merger was.
Kemper’s staffing attrits at levels that are unheard of. If the senior leadership had any vision and were proactive for once in their career this could have been made up over a brief period of time. Not replacing as people leave and moving impacted to open/needed roles was a much better alternative.
Another example of poor vision by this team.
You won't be saying this, if you were part of layoff. Have empathy. This is a poorly run company where talent is wasted and merit has no value.
Kemper seems to have mass layoffs every few years. Its a poorly run company. Leadership is the problem.