Please or to access all these features

Work

Chat with other users about all things related to working life on our Work forum.

Administration & Buyout

0 replies

BabeRuthless · 11/01/2013 09:34

Wonder if anyone might know the answer to this. It hasn't happened yet but I'm trying to plan for every scenario. If the company I worked for went into administration and then found a buyer, would we automatically come out of administration? If the buyer decided to close my branch would I be entitled to redundancy? I've been there over 10 years so we're talking a fair amount of money. Could they just buy certain parts of the business & leave us without anything? Wondering whether its better to cut my losses & start looking for something else now.

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread