Furthermore, if New Co consolidates and cuts its workforce without making the necessary improvements and changes to its work practices processes and technologies, then a smaller department is being asked to do the same amount of work. Unfortunately, working harder is not necessarily working smarter. Invariably, staffing levels will in due course creep back up, sometimes to a point that exceeds the pre-merger level.
Recent stats show O & A cost reductions to reach 1.5 Billion in 2016. (Market Realist) I.e synergies.
It was nice knowing you.