Possible Redundancy Help

sylar18

Hi,
Hopefully someone much more knowledgable than myself can help me with the following.

The company I work for is up for sale, and we are told a deal is likely to be finalised in the coming weeks. If a competitor takes us over, it is likely that they will absorb our business into theirs and therefore not need the management teams of both companies. Therefore the most likely outcome is that they will do away with my company's management and use their existing team.

My question is - do they legally need to benchmark me against my counterpart(s) that currently work for our competitor to determine who is the better / most suitable candidate? Or can they just come in and make us all redundant without assessing us in any way?

Any advice on mergers / resulting redundnacies would be very welcome.

Thanks

Debt_Free_Chick

Oh cripes, this is a potential can of worms! But only as so much depends on the nature of the sale.

The short answer is that - yes - the new company has to follow a fair procedure. So the selection criteria must be fair and restricting selection just to those who transferred from the previous company would not be fair.

However ... it's not automatic that you will transfer to the buyer - it depends on the terms of the sale. It's possible that your current employer makes you all redundant and then sells what's left of the business.

It really depends ....