How to Handle Corporate Restructuring on Your Resume?

Job hunters are left puzzled on how to write their resumes whenever their company underwent a closing, merger, or acquisition. The goal to effectively preparing a resume without thinking you are a job hopper is a challenge. In this blog article, you will get an idea of how your resume would communicate the right information about company restructuring and the impact that you are not a job hopper.

Techniques to Display Company Merger and Acquisition on Your Resume
 
When the company undergoes a merger and acquisition, show the most recent employer's name in just one line or heading on your resume. See the examples below:
 
- XYZ Company (Merged with ABC Company); or
- XYZ Company (Acquired ABC Company); or
- XYZ Company (Formerly ABC Company)
 
Another example is by displaying a series of job positions underneath the company heading. Make sure to include the dates on your job titles that you will provide showing before and during the merger and acquisition  that took place.
 
XYZ Company (Merged with ABC Company)
Chief Executive Officer: Nov 2020-Present
Vice President: Jan 2018-Nov 2020
Account Manager: Feb 2017-Jan 2018
 
It tells about the progression of your positions until the merger and acquisition happened. And take note, in this example, you are still in the same company; there is only restructuring that takes place.
 
Proper Ways to Indicate Demotion and Layoffs
 
Some restructuring may leave employees in lower-level positions similar to being demoted. In this case, how are you going to deal with your job application if you are pursuing the same job that you assumed before? You can do this by starting it positively on your resume.
 
Create positive wording on your resume like the example below:
 
"Secured the marketing analyst position among five employees through the restructuring efforts made based on excellent work performance."
 
For layoffs, you can indicate your accomplishments just like the example below:
 
"Contributed to the improvement of processes, which are currently implemented in the company."
 
Listing your job positions starting from the higher-level positions would also create a positive impact on your resume despite demotion and layoffs.
 
Include Experience Even Employer Went out of Business
 
There is no reason to exclude experiences when your employer is going out of business. Instead, treat it the same as other jobs you held by listing your job descriptions and significant achievements. Preparing a cover letter would also explain the business closure. So, make sure to have your cover letter ready with this.
 
Took Part in Restructuring?
 
With your involvement in the restructuring stage of the company, it is essential to include your participation. Take time to include what you have contributed along the way. Your accomplishments would indicate that you are a flexible employee whenever these changes happen in the workplace.
 
Your resume is a tool that allows prospective employers to look at your work history. It also helps them to know you more as an employee. Therefore, you need to effectively indicate the details that were needed to impress or catch the attention of the recruiters. . Company mergers, acquisitions, and closures are also essential on your resume. Make sure that your resume conveys these details without the impression of job-hopping.

To learn more about how to Handle Corporate Restructuring on Your Resume, schedule a call today to speak with one of our career experts. 
 
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