Redundancy if company is bought over

[pinkyBear]

Hi there,

I hope you are well, I am posting on behalf of my sister. She works for a company that is currently being sold. Apparently there are a number of interested parties.

The current owners, when it came to redundancies were OK, they would give staff 2 weeks statutory plus 3 weeks. The front runners to buy the company are based in the UK. And if they buy the company it is believed that the company my sister works in will have all its business transfered to the UK.

It is likely that the new owners will offer people positions in the UK or make them redundant. My sister cannot for personal reasons move, so she may be made redundant.

My question is, would the new owners be obliged to offer similar redundancy payments to staff as the current company? Or could they just offer staff 2 weeks statutory?

Cheers,
P..

 

[Black Sheep]

Have I misunderstood something here. If she is being offered 2 weeks stat. plus 3 weeks would she not grab it with both hands as she does not wish to transfer to the UK.
The new company have no obligation to pay anything above stat. unless there some kind of deal made as part of the takeover

 

[Bob_tg]

My question is, would the new owners be obliged to offer similar redundancy payments to staff as the current company? Or could they just offer staff 2 weeks statutory?

They would not have to offer the 2+3; they could offer just the statutory 2 if they wished.

Your sister should be careful though...it's a bad time to leave a job and the sale may not go through, so she may well benefit from staying put and not jumping too early. The company could just be spreading these rumours to increase staff turnover.

 

[pinkyBear]

Hi there, just to clarify, previous redundancies were 2 plus 3. Currently there are no redundancies, however with the company for sale it is envisioned that there will be once the company is sold..

But thanks you have answered my question, she could just get2 weeks stat.

P..