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Original poster

Company announcement, what could it be?

204 replies

bluebag27 · 30/04/2024 14:59

In your experiences, when you have been told there is a company announcement, what has it turned out to be?

I'm currently off work, but have been told there is an announcement tomorrow and that I must attend unless it's absolutely impossible that I can't.

My first thought is redundancies. What else could it be?

OP posts:
shoppingshamed · 01/05/2024 12:31

morbidd · 01/05/2024 11:53

Do you have a union? They would very much push for your salary to remain as it was.

You don't need a union TUPE will apply, salaries can't randomly be reduced

theemmadilemma · 01/05/2024 12:27

TUPE can be very beneficial. I've been TUPE'd twice and ended up better off each time. And of course you can't end up worse off.

LIZS · 01/05/2024 12:01

Usually corresponding grades will be matched and become standardised over time or you may be tuped to new company on same terms which are protected for a period .

Freakinfraser · 01/05/2024 11:59

The new company may also pay more than the current one op.

Freakinfraser · 01/05/2024 11:59

bluebag27 · 01/05/2024 11:51

Does anybody know if salary stays the same when this happens?

Generally it’s tupe and yes terms are grandfathered for a period of time, ie one or two years.

Original poster
bluebag27 · 01/05/2024 11:59

morbidd · 01/05/2024 11:53

Do you have a union? They would very much push for your salary to remain as it was.

We don't

OP posts:
morbidd · 01/05/2024 11:53

Do you have a union? They would very much push for your salary to remain as it was.

Original poster
bluebag27 · 01/05/2024 11:51

Does anybody know if salary stays the same when this happens?

OP posts:
Original poster
bluebag27 · 01/05/2024 11:50

Merger

OP posts:
morbidd · 01/05/2024 11:45

Another one who thinks redundancies. Do let us know though.

AutumnBride · 01/05/2024 11:32

I was called in for a meeting while on maternity leave , years ago, it was to announce our part of the business was being outsourced and everyone at my band and higher was at risk and would have to apply for our posts.

Being on Maternity leave Made no difference, but I was disadvantaged by being out of the business and missing meeting the new senior management team etc.

Differentstarts · 01/05/2024 11:24

Unfortunately sounds like redundancy or reducing hours. If it's a big company google it. The staff are usually the last to know about these sort of things.

NoraBattysCurlers · 01/05/2024 11:16

If those on maternity leave are called into the company announcement, it is usually an indication that the company is closing down or redundancies.

NoMoreCoffeePlease · 01/05/2024 11:13

Redundancies, then bankruptcy.

Jimmyneutronsforehead · 01/05/2024 11:05

Second contacting pregnant then screwed for advice. I used them for advice when returning from mat leave 4 years ago and they were really helpful.

Clarinet1 · 01/05/2024 11:01

Re - maternity leave, keep an eye out for any evidence of unfair selection for redundancy on the basis of maternity leave or status as a mother (i.e. a woman, which could constitute sex discrimination). Pregnant Then Screwed might well be helpful!

awopbopaloobopawopbamboom · 01/05/2024 11:00

Yep redundancies. You should be "fine" if on Mat leave and must be offered suitable alternative employment (SAE). I've already had this once while on Mat leave, have it again in a few weeks 🙄

Toomuch44 · 01/05/2024 10:55

Takeover/merger, redundancies (however, when this happened at our place, they had a meeting for whoever was in on the day, and phoned everyone else), new overall Manager, depending on type of business, a new product - we've got this going on now for the first time.

ConsistentlyElectrifiedElves · 01/05/2024 10:46

When I worked for my previous employer we had this. In our case it was a firm buyout and then the follow up meetings were to discuss what it meant for us individually and to offer voluntary redundancy if we didn't want to travel to the new office location.

While I can understand the concern that it might be redundancies, I wanted to share my story that it isn't always the case.

I did move to the other location and office and hated and left within 6 months, but I don't regret giving it a try! I was only in my early 20s at that time though so the voluntary redundancy they were offering wasn't worth much, especially as it was basically only statutory redundancy levels because they really didn't want me to leave!

Flavabobble · 01/05/2024 10:38

I've only ever known it to mean redundancies or a massive restructure (involving redundancies)

jumpingjacksss · 01/05/2024 10:37

F

SootysCaravan · 01/05/2024 10:36

Redundancies, unfortunately. Usually a ‘big’ announcement followed by smaller meetings

SpringLobelia · 01/05/2024 10:36

In your case I agree- redundancies.

When it happened in my last firm it was because a staff member had died in tragic circumstances. But they told us the very morning, not asked us to schedule a meeting for the next day.

Lovewine1975 · 01/05/2024 10:33

We had one last year we were being bought by another company then one in Dec about redundancies