The Company Men 2011

When the publicly traded shipbuilding firm, Global Transportation Systems (GTX), faces significant downsizing during a recession, many of its employees find themselves laid off, including Bobby Walker. Once a successful white-collar professional earning a six-figure salary, Bobby struggles to cope as he loses the comforts of life—his country club membership fades, his elegant Porsche is sold, and he ultimately sells his luxurious home, moving his family into his parents’ house.

Despite receiving outplacement services from GTX, Bobby is unable to secure a new position and is eventually forced to take a manual labor role under his blue-collar brother-in-law, Jack Dolan. This downward spiral highlights the stark realities faced by many during economic downturns.

Meanwhile, tensions rise within the company’s upper management. Gene McClary, the Executive Vice President, openly challenges James Salinger, the GTX CEO, questioning the ethics behind the decision to lay off employees while the company spends lavishly on new corporate headquarters. In an effort to justify his harsh measures, Salinger insists that drastic cutbacks are essential for boosting profits and keeping the stock value stable amidst fears of a hostile takeover.

As further layoffs loom, Phil Woodward, a senior manager who had built his career over three decades, also finds himself out of a job. When McClary tries to intervene on Phil’s behalf, he learns that he too faces termination. This fallout prompts McClary to leave his wife and start a new life with his mistress, Sally Wilcox.

As Phil struggles to secure a new position, he faces the harsh reality of age discrimination, leading to his tragic suicide. Despite McClary’s anger over the cuts, he profits greatly from his GTX stock, which rises due to the downsizing. Consumed by guilt for the devastation caused by the layoffs, he resolves to create a fresh start in the maritime shipbuilding industry, the very sector from which GTX originated.

Bobby Walker becomes McClary’s first hire in the new venture, as they both strive to rebuild lives for themselves and their former colleagues. The bare offices echo with the hopes of many, yearning to reclaim their worth in a world that seemed to have turned its back on them.