Rubicon Global Undergoes Internal Reorganization
The company-wide revamp has led to three major acquisitions, new executives and employee layoffs.
An internal reorganization at Rubicon Global has led to significant structural and organizational changes, including recent acquisitions, the onboarding of new executives and employee layoffs.
The company’s recent acquisition of WestRock's waste services division, Computerized Waste Systems and Charter Waste has prompted a deep rethink of how Rubicon does business, according to a Waste Dive report.
“Throughout 2018, Rubicon made a series of strategic acquisitions designed to strengthen the company’s position as a waste and recycling innovator—delivering cost-effective and impactful sustainability solutions, as well as providing Rubicon a greater ability to provide analytics and insights to its customers,” the company told Waste360 in a statement.
“In the process of incorporating the acquired companies, we recognized that our revised sales structure had increased elements of digital sourcing, as well as created overlapping areas through the acquired companies, ” added Rubicon. “We evaluated our overall workforce, our synergies and our needs for the future, and accordingly, 44 employees were offered severance packages and have left the company. We wish them all the very best, and we move forward as one Rubicon team.”
Waste Dive has more details:
It's often hard to quantify just how "disruptive" Rubicon Global's efforts are, but that isn't the case when it comes to looking at an internal reorganization of potentially unprecedented scale currently underway within the Atlanta-based operation.
The recent acquisition of three companies — WestRock's waste services division, Computerized Waste Systems and Charter Waste — has prompted a deep rethink of how Rubicon does business. New executives are coming on this fall, a broad new structure is being implemented by January, and 44 employees were laid off yesterday afternoon.
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