Case Study: a leading global electronics company safeguards its share price and reputation with Only Crisis

a major electronics company halves workforce with Only Crisis, avoiding 1,000-job backlash

The customer, one of the world's biggest electronics companies, faced a major challenge when it needed to halve its UK workforce, cutting 1,000 jobs. The company initially planned a major media announcement but engaged the vendor Only Crisis for crisis communication management.

Only Crisis devised a new strategy to phase the redundancies over several months instead of making a public announcement. This solution successfully safeguarded the company's share price and reputation. The result was minimal media attention, with only one local newspaper article noting a handful of job cuts, demonstrating the effectiveness of the approach taken by Only Crisis.