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That ain’t Hay

24 September 2015 By Antony Currie

Korn/Ferry is buying HR consultancy Hay Group for $450 mln to form a “people” juggernaut. Layoffs will be limited, with $20 mln of annual savings coming from IT and real estate. For two companies that deal in disgruntled workers, they haven’t benchmarked merger history too well.

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