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Nick Burns, Chief Executive of Bluefin told PLANSPONSOR Europe employees at newly formed Capita Employee Benefits would be asked “what is the best way to run this business efficiently”. But he refused to be drawn on whether the discussion would cover redundancies, although a Capita Spokesman has confirmed it is not a consultation with human resources over jobs. “Are we going to lose a whole load of people and rationalise somewhere else?” he said. "As it stands I have just put my team together into the practices of administration, actuarial, consultancy, employee benefit consultancy and I have put together responsibility for all of our technological solutions for our clients. “I am now asking them what is the best way to run this business efficiently, deliver the appropriate value to our clients and right service to our clients. If that means rationalisation around the place I will wait to hear from them on that.” But he added: “Both of these businesses are successful businesses. We don’t have any distressed businesses here. The trick is to take two successful businesses, merge them and make a more successful business. “Many companies fail at this and take two successful businesses and make the combined entity unsuccessful.”
Nick Burns, Chief Executive of Bluefin told PLANSPONSOR Europe employees at newly formed Capita Employee Benefits would be asked “what is the best way to run this business efficiently”.
But he refused to be drawn on whether the discussion would cover redundancies, although a Capita Spokesman has confirmed it is not a consultation with human resources over jobs.
“Are we going to lose a whole load of people and rationalise somewhere else?” he said. "As it stands I have just put my team together into the practices of administration, actuarial, consultancy, employee benefit consultancy and I have put together responsibility for all of our technological solutions for our clients.
“I am now asking them what is the best way to run this business efficiently, deliver the appropriate value to our clients and right service to our clients. If that means rationalisation around the place I will wait to hear from them on that.”
But he added: “Both of these businesses are successful businesses. We don’t have any distressed businesses here. The trick is to take two successful businesses, merge them and make a more successful business.
“Many companies fail at this and take two successful businesses and make the combined entity unsuccessful.”
PLANSPONSOREurope Staff editors@plansponsoreurope.com