The company employs approximately 50,000 employees, including approximately 10,500 in the United States. Hasn’t sounded like that’s been the case in either of these firms previous acquisitions. That's even better for … In January 2020, Bloomberg reported that LA-based AECOM had been approached by WSP regarding a deal, but no official comments have been released. Gostaríamos de exibir a descriçãoaqui, mas o site que você está não nos permite. Its one of the biggest companies in the world. 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 biggest casualties of mergers like this are non-billable staff (accountants, IT, HR, etc), The biggest casualty is the concept of "billable hours.". Please try again. Cookies help us deliver our Services. Company leaders said they would review the letter. 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). WSP announced their purchase of real estate consultancy Elton Consulting Group in November 2019. []))), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]-(!![]))+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!! Neither company has yet made any comment about the potential takeover. Bloomberg reported that shares of AECOM rose 7.7% to $51.33 at 10:14 a.m. in New York trading on Wednesday 4 March, giving the company a market capitalisation of about $8.1 billion. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. It is listed on the Toronto Stock Exchange and they employ around 48,000 people. The size of the civil/structural groups ended up nearly doubling after most everybody stayed. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])-[])+(!+[]-(!![]))+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!! On one hand its may make things better over the long term for my mid level firm since there is a growing backlash against the service these forms provide to the DOTs in the transportation industry. AECOM stock surged to a three-month high on WSP's announcement. We will not share your information with anyone! While Montreal-based WSP has been growing in recent years with multiple acquisitions, AECOM recently announced the sale of one of its divisions. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. This uncertainty could lead discussions to “drag on further or fall apart,” the article states. Click Image To Read More, With the country under a tiered system of local lockdowns, what can we learn three months into these measures? WSP Global's U.S. shares traded at $71.20, up 0.8%. There’s no guarantee that the overture will lead to a transaction, said the people, who asked to not be identified because the matter isn’t public. I will definitely try it out and see for myself, I worked with them in the north of the UK for a short time. I do want to hear from others though. Lots of people from our office were relocated, I left before I could be let go. Yeah, but that was because ch2m was a fire sale. It all over the world. The new date for the cleaning and hygiene show is, as yet, unknown. Representatives for Los Angeles-based Aecom and Montreal-based WSP didn’t immediately respond to requests for comment. They are in the process of being acquired by WSP. Civil engineering: Building and maintaining infrastructure. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![])+(+!![]))/+((!+[]+(!![])+!![]+[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!! WSP fell 0.4% to C$93.22 apiece in Toronto, giving the company a market value of about C$9.9 billion ($7.6 billion). Compare WSP to its competitors by revenue, employee growth and other metrics at Craft. Click Image To Read More. Click Image To Read More, The Rinnai Sensei N Series is the first ever continuous flow hot water heating unit manufactured with stainless steel heat exchangers to be available in the UK. Its one of the biggest companies in the world. Being a cog - Is there more or less responsibility also where abouts was your office? Waste management broker UKWSL has acquired Kent-based C&M Waste Management. The stock has climbed 71% over the past year. Even when new work is being assigned, typically PM will give that work to someone they’ve worked with in the past and have familiarity with. They are in the process of being acquired by WSP. Click Image To Read More, Julie Jarvis is the Managing Director of recruitment specialist PRS. Bloomberg’s sources claim that “a deal could be announced as soon as next week”. and hey, I really hope to work in UK within next 3-5 years. Cookies help us deliver our Services. 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Los Angeles-based construction and engineering giant AECOM is in talks with Canadian firm WSP Global Inc. about a possible deal, Bloomberg …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lthough there is no guarantee that the talks will lead to a deal or how a deal would play out, analyst Andrew Wittmann said in a written research report that he believes the discussions "likely have some merit" for several reasons, including the fact that WSP's stated goals include acquisitive growth, that AECOM stock has inexplicably climbed in recent days and that AECOM leadership is currently transitioning. AECOM did not respond to Construction Dive’s request for comment. I doubt the same is happening between WSP and AECOM. Yea, I was working at Parsons Brinckerhoff when we were swallowed up by WSP. Comments may take up to an hour for moderation before appearing on the site. I was working on the same projects with same PMs (and still am even a couple years later). AECOM, along with design partner Luis Vidal & Architects, has been awarded the design and engineering contract for the $750 million, 10-year upgrade planned for …