We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Am I being made redundant?
co123456
Posts: 368 Forumite
My employer is being bought out by a much larger company. I have been informed that in it's present form, my current role wil not be directly comparable with the role I may be performing in the new organisation. I suspect that I have a choice of two roles.
Am I being made redundant? Can I negotiate a redundancy settlement (acceleration of unvested shares and options) whilst accepting one of the new roles? (Yes, I want my cake and eat it).
Am I being made redundant? Can I negotiate a redundancy settlement (acceleration of unvested shares and options) whilst accepting one of the new roles? (Yes, I want my cake and eat it).
0
Comments
-
No, its either redundancy or redeployment (although you could always ask - they can only say no). You could take redundancy from your current employer & then apply for the new roles as a new job applicant but you're not guaranteed that they would be advertised or that you would be sucessful0
-
When my colleagues were made redundant by a financial merger a few years back they had to take redundancy and could not apply with the take over company for a job for a period of 12 months.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.8K Banking & Borrowing
- 254.6K Reduce Debt & Boost Income
- 455.6K Spending & Discounts
- 247.7K Work, Benefits & Business
- 604.6K Mortgages, Homes & Bills
- 178.7K Life & Family
- 262.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards