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Rights when employer sells the company

6 replies

MinnieMountain · 24/08/2021 14:58

I work for a company owned by 2 individuals.
They’ve just announced they’ve sold it. The sale will go through once our regulator allows it.
We have been told that our jobs and salaries are guaranteed, but also that it’s not a TUPE situation.
I can’t find anything on the ACAS website about this.
Am I correct in thinking that the new owner can change hours and job descriptions?
I work in a role that the new owner does not have, and PT.

OP posts:
TheWeeDonkey · 24/08/2021 15:04

Honestly Minnie I've been in your position more than once and I wouldn't keep my eggs all in one basket if I were you. Update your CV and start looking around to be on the safe side.

MinnieMountain · 24/08/2021 15:23

I think you’re right TheWeeDonkey. We’re being told the changes specific to our roles next month, but PT is rare in my industry.

OP posts:
TheWeeDonkey · 24/08/2021 16:57

Ah its such a shame isn't it?

I was working in a company and really enjoyed my job, then the company was sold off. We were promised out jobs would be safe but the reality was the job roles were safe but they closed down our office and moved operations 50 miles away which for majority of staff was completely unworkable.

prh47bridge · 24/08/2021 17:21

The new owner has exactly the same rights to change your hours and job description as the old owners - they can't change them without your agreement.

MinnieMountain · 24/08/2021 19:18

Good point prh47bridge but my role and hours were very unlikely to change under the old owners.

It is a shame. Our office will stay at least as the new owners don’t have a branch anywhere near us.

OP posts:
flowery · 24/08/2021 19:27

It’s not a TUPE because it will still be the same company employing you.

None of your rights have changed at all, but clearly it’s not outside the realms of possibility that a new owner may want to make changes.

Changes to terms and conditions need your consent and should involve consultation.

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