It should be possible to bulk edit the associated company property for multiple contacts. At the moment, you need to change this one-by-one, which is unnecessarily tedious.
Any updates on this idea? This idea was submitted years ago with 159 upvotes...
This would greatly reduce the manual work. We've tried exporting and re-importing the list of contacts with the new company record ID but just added another company association to the contacts which made it worse to manage records.