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Aera Energy eliminates 167 positions as part of organizational redesign

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Posted at 2:36 PM, Oct 26, 2016
and last updated 2016-10-26 17:36:36-04

Aera Energy LLC announced the next steps in the implementation of an organizational redesign called “Next Aera” on October 26.

“This is an opportunity for us to reimagine our work – something we would be doing regardless of the external business environment," said Christina Sistrunk, Aera president and CEO. “This is a big undertaking that touches nearly every piece of what we do and how we do it, and will ultimately help us to evolve as a company.”

In shaping Next Aera, changes to the organizational structure were made, resulting in a reduction of Aera’s workforce and the elimination of 167 positions in the areas of management, administration, technical and other positions. A voluntary severance program helped reduce the number of involuntary separations to 40.

In keeping with the company’s commitment to treating its people with care and respect, Aera provided a benefits package to all transitioning employees which included a severance plan and professional outplacement services.