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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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:
justasking111 · 01/05/2024 14:19

bluebag27 · 01/05/2024 11:50

Merger

That could be good news for you OP. Listen at the meetings would be my advice @bluebag27

Paul2023 · 01/05/2024 14:23

May I just add that anyone can join a trade union, your workplace doesn’t have to be unionised. You don’t have to have a workplace union rep ( sometimes called shop stewards).

Your work place doesn’t to need to know you're in a union, but if you have a grievance or disciplinary you can bring your union rep to the meeting. Your employer can’t stop you as an individual being in a union, even if your empy doesn’t recognise one.

As long as you can afford £10- £15 a month you can join ones such as the GMB or Unite. They usually give you access to legal cover too as most unions have solicitors working on their behalf.

I’ve heard in instances where workers have brought in outside union reps and they’ve ripped the employer to shreds because lots of managers don’t understand employment law.

As long as you’re a member, a rep will travel to you for your meeting, even hundreds of miles away.

We have a Tory government, really consider being in a union.

BusyMintCrab · 01/05/2024 14:57

My previous company merged and there was no real change for me on the “shop floor”, other than new branding, email address etc. Jobs in internal depts eg HR, marketing etc were impacted though.

EdnaAlGaib · 01/05/2024 14:59

I’ve always been in the position where I hated my job and was hoping for it to be redundancies - it never has been! It’s been either takeovers or obscure changes in company structures

Conkersinautumn · 01/05/2024 15:00

Merger, redundancies. If its anything nice it tends to be an email. They're expecting questions (follow up meetings) maybe a takeover.

crumblingschools · 01/05/2024 15:04

Can someone explain why women on maternity leave get preferential treatment when redundancies are announced? I understand not being disadvantaged but not sure why the law has been changed to give them preferential treatment.

NonPlayerCharacter · 01/05/2024 15:07

crumblingschools · 01/05/2024 15:04

Can someone explain why women on maternity leave get preferential treatment when redundancies are announced? I understand not being disadvantaged but not sure why the law has been changed to give them preferential treatment.

I would imagine it's because in practice, they kept getting fucked over for being pregnant and easier to fuck over, and being told it was a real redundancy. It would be nice if we could trust companies to be truly fair about it but we can't. The extra protection shouldn't be needed for a level playing field, but it is.

Chatonette · 01/05/2024 15:07

crumblingschools · 01/05/2024 15:04

Can someone explain why women on maternity leave get preferential treatment when redundancies are announced? I understand not being disadvantaged but not sure why the law has been changed to give them preferential treatment.

I guess that’s the only way to guarantee that they don’t get squeezed out in their absence.

Chatonette · 01/05/2024 15:12

OP, is your company the larger or the smaller company in the merger?

FWIW, the airline I worked for in the ‘00s was supposed to merge—we went to all sorts of meetings and trainings, and it never happened. And the energy company I worked for in the ‘10s was supposed to merge—again, loads of meetings and joint initiatives, but it never happened.

Vistada · 01/05/2024 15:20

PercyJackson · 01/05/2024 13:59

She's been to the meeting, it's a merger - her reply about it is on the first page...

Busted! didnt rtft!

Pleased its not redundancies op ;)

CrispEater2000 · 01/05/2024 15:28

bluebag27 · 01/05/2024 11:51

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

Been through two and in both cases my contract just rolled over, including salary, working hours, length of service, benefits etc.

Fluffybagel · 01/05/2024 15:29

I had a company announcement to discuss a man at the company transitioning to a woman and the name she would be using from now on etc..

PianPianPiano · 01/05/2024 16:01

crumblingschools · 01/05/2024 15:04

Can someone explain why women on maternity leave get preferential treatment when redundancies are announced? I understand not being disadvantaged but not sure why the law has been changed to give them preferential treatment.

Presumably because they're in a worse position than people currently working - they're out of the loop and so more likely to end up forgotten about.

LadyTiredWinterBottom2 · 01/05/2024 16:03

Buy out.

TempyBrennan · 01/05/2024 16:13

Our last two were being taken over by corporates in the business and then changing our opening hours which affected lots of jobs and contracts

JFDIYOLO · 01/05/2024 16:21

Been there twice - redundancies. I took one, on the other I was on a fixed term contract with an end date anyway, but both times the shockwaves through the organisations were profound.

Log on if you can, if not get a friend to update you during the meeting. The not knowing uncertainty is worse.

PigletJohn · 01/05/2024 16:29

There are no mergers, only takeovers.

SmudgeButt · 01/05/2024 16:43

redundancy certainly is a contender
But I've also had change of CEO, profit warning, big negative news story (with instructions not to talk to the press), "friendly society" selling out and going all corporate (lots of staff were members so meant they got shares), death of a colleague (generally in a nasty way), manager being dismissed for fraud (loud cheers went up) and so on .....

FlissyPaps · 01/05/2024 17:00

From my experience:

  • Restructures that could lead to redundancies and “at risk” roles.
  • Redundancies.
  • Someone high-up has resigned.
  • Moving office locations due to running costs/rents.
ConsistentlyElectrifiedElves · 01/05/2024 17:30

bluebag27 · 01/05/2024 11:51

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

Under the TUPE rules (Transfer of Undertakings Protection of Employment) you are required to keep the same contract terms.

They can try and renegotiate a new contract with you, but you would have to be in agreement to it.

When my firm merged with another, they wanted us all to sign new contracts and were very pushy, but I refused and said I was happy with my existing contract.

I refused because they were trying to extend my notice period and I'd already started job hunting!

https://www.acas.org.uk/tupe

TUPE transfers | Acas

https://www.acas.org.uk/tupe

muddyford · 01/05/2024 17:53

Take over or going bankrupt.

FurQuenelle · 01/05/2024 18:02

muddyford · 01/05/2024 17:53

Take over or going bankrupt.

It wasn't either of these.

Loads of people on this thread confidently stating "redundancy" as an absolute fact - except is wasn't.

Anonymous2025 · 01/05/2024 18:04

Merger , new partners , and yes redundancies are possible

Vampirelovebite · 01/05/2024 18:19

crumblingschools · 01/05/2024 15:04

Can someone explain why women on maternity leave get preferential treatment when redundancies are announced? I understand not being disadvantaged but not sure why the law has been changed to give them preferential treatment.

Because if this wasn't in place then people on maternity leave would be too easy to get rid of by unscrupulous companies - and have been for years.

HopeOneOfThosePeopleIsAMonkeyBecauseThisIsBanana · 01/05/2024 18:20

Use the see all function to read at least op’s updates.

Swipe left for the next trending thread