Company announcement, what could it be?

[bluebag27]

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?

Wouldn't it be lovely if it was SMT announcing huge bonus for all employees. But I expect it's likely to be more mundane like restructure and resultant fall out / changes.

I had one of these - while on maternity leave - and it was redundancies. I can't imagine anything else that they'd make you attend for - a merger, CEO leaving etc they can just inform you by email as soon as the meeting is over. I was urged to attend a meeting, declined and I was then phoned by HR immediately the meeting had concluded so nobody could text me etc.

They do have to give you priority for any suitable alternative roles. (I wanted the redundancy so didn't pursue this.) Hope you're ok - however you feel about it, it's a strange feeling being told you're not wanted anymore (if indeed that's happened).

yep usually redundancies.
try and get a KIT sorted and good luck

Redundancies, or shorter working week which I've had recently. This was one huge meeting then smaller ones to figure out who wanted which shift.

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

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.

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

F

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

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!

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.

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 🙄

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!

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.

Redundancies, then bankruptcy.

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

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.

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.

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

Merger

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

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

We don't

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

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