I have a friend who works for a company. In general this company have treated staff well. About 2 years ago due to the banking trouble, the company my friend works for was badly hit. They have managed to keep going and the owners of the company were open to staff about the possibility of selling the company. Staff included.
It was announced during the week, that a potential buyer has come forward. This buyer has a known record of not being so generous to staff, and my friend fears that her role will be outsourced and she will be made redundant. She fears that she will only get 2 weeks redundancy for every year worked.
Under her current employer the redundancy payments in the past would have been better. Is she correct in her fears about the redundancy? Can a new owner change redundancy conditions?
Many thanks,
P
It was announced during the week, that a potential buyer has come forward. This buyer has a known record of not being so generous to staff, and my friend fears that her role will be outsourced and she will be made redundant. She fears that she will only get 2 weeks redundancy for every year worked.
Under her current employer the redundancy payments in the past would have been better. Is she correct in her fears about the redundancy? Can a new owner change redundancy conditions?
Many thanks,
P