Restructure and Redundancy
Changes to the Government furlough scheme which ultimately will result of the withdrawal of the scheme at the end of October 2020 will present many organisations with need to make changes. This will involve the possibility of considering restructuring which could involve redundancies.
There are many reasons why an organisation may look to restructure and these could include;
- Reducing costs.
- Merging with another company.
- Decrease or consolidate debt
- Introducing a new product or service.
Unfortunately, the COVID-19 pandemic has or will force many businesses to make changes in which people management related matters need to be right first time.
Atom HR can help negotiating through the legal and best practice minefield whether it be redundancy, understanding transfer of undertaking law or any other HR/employment law related matter.
Many decisions involving a redundancy or restructure may be needed to be made before it is too late and if you need to talk please get in contact.