Quote:
Originally Posted by bots
It all gets very complicated, there are different rules depending on the method of transfer of ownership. Mergers for example, i believe ensure that existing contracts have to be honoured, or at least they did in my day. Straight change of ownership doesn't provide as many, if any, safeguards to employees, so employee contracts can basically be ripped up
P&O ferries are another example of doing the dirty on your workforce
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…yeah…(…I think with mergers as well though…)…the contracts will be generally only be honoured for 12 months …like Philip Green, I’m sure that the directors/owners of Pepco will be sitting in their millions for a lifetime…
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