92% Upvoted. Representatives for Los Angeles-based Aecom and Montreal-based WSP didn’t immediately respond to requests for comment.While it has a growing backlog thanks to a steady stream of government and infrastructure contracts, profits have stagnated in recent years due to inefficiencies and construction contract losses, according to a Bloomberg Intelligence report in December.Aecom’s services include consulting, planning, architecture, engineering and construction management, according to its website.Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Aecom shares opened up 4% Tuesday, valuing the company at about $7.7 billion.

Get traffic statistics, SEO keyword opportunities, audience insights, and competitive analytics for Aecom. WSP management said Wednesday that they expect the acquisition to strengthen the company’s presence in industrialized regions of the world and prudently increase its exposure within higher-growing emerging regions while maintaining a mix of public and private sector projects. Representatives for Los Angeles-based Aecom and Montreal-based WSP didn’t immediately respond to requests for comment. Merging will always reduce headcountMost of my friends who were at URS prior to the merger lasted less than 5 years before leaving. I doubt the same is happening between WSP and AECOM.When this kind of thing happened to my company all of my office moved to the office of the company who bought us (which was nearby). The trend of these growing large publicly traded companies is just bad for the US working force in general, but since congress is OK with selling out the public interest to these large corporations and their demand to boost stock price above all else, even if by only pennies, we are all fucked.The biggest casualties of mergers like this are non-billable staff (accountants, IT, HR, etc)After that everything resumed like it normally would. Every now and then I’ll see someone go on a project from the other side as sometimes projects are in need of staff.Of course, it's also really hard to compete against these super firms when it comes to large projects since the amount of staff and resources they are able to supply is unmatchable.thoughts? WSP Global shares fell less than 1% to … The COVID-19 crisis has ended merger discussions between industry giants WSP Global Inc. and AECOM, according to financial news service reports and … That's even better for … Not good or bad. The Denver office is actually way too big now they've lost so many employees/ haven't brought people on that they're looking to downsize to a new one.We used to joke that URS was the Borg of consulting because they constantly acquired the competition. I work on a lot of AECOM jobs.Eventually there will be two types of companies left. The best way to fight against a massive corporation is to band together.Probably the same thing that happened with the URS/Aecom merger(or any other company merger I imagine), slashing of office manager types and joining various teams followed by the inevitable exodus of those employees that feel that they aren’t valued by the new team structure around a year, year and a half later. The size of the civil/structural groups ended up nearly doubling after most everybody stayed. ... help Reddit App Reddit coins Reddit premium Reddit gifts Communities Top Posts Topics. ... help Reddit App Reddit coins Reddit premium Reddit gifts. 59 comments. WSP Global shares fell less than 1% to C$88.48 in Toronto, valuing it at about C$9.4 billion ($7 billion).Photographer: Robyn Beck/AFP via Getty ImagesA deal could be announced as soon as next week, the people said, asking not to be identified because the matter is private. WSP fell 0.4% to C$93.22 apiece in Toronto, giving the company a … It'll be interesting to see if another merger follows the same suit or if they learn from their mistakes.I dont know how I feel about this, honestly. WSP is one of the world’s leading professional services firms. WSP Global approaches engineering firm Aecom about possible deal Back to video Aecom shares opened up 4 per cent Tuesday, valuing the company at about US$7.7 billion. You'll just see more of those.This is what happens when there is lent organic growth in an industry for twenty years.Corporate jargon for "prepare to be made redundant".I interviewed with one of those companies shortly before the holidays. Guess this doesn't bode well.Maybe they got jealous of Jacobs acquiring CHEh, the bigger AECOM gets, the more room below them. I'm getting rumours that this is the case in Atkins, Jacobs and WSP and now our management is now trying to railroad this change too without any consultations with the employees. I was working on the same projects with same PMs (and still am even a couple years later). If they acquire so you'd be a part of WSP. Go for it. WSP bought Louis Berger and now in the they are in the process of acquiring AECOM too. Its one of the biggest companies in the world. People who haven't managed financials in the AECOM system or managed people are suddenly responsible for both. Mid level management and the technical staff will keep on trucking as usual. 21 days ago. share. WSP fell 0.4 per centto $93.22 apiece in Toronto, giving the company a market value of about $9.9 billion (US$7.6 billion).

engineering firms. What marketing strategies does Aecom use?

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