I have worked for my employer for 20+ years. Recently however we have struggled to win contracts and my employer is talking about reducing my hours further from my currently very part time ones or my taking unpaid leave until we win more work. I would however prefer that I was just make redundant, I would only get the statutory amount but presumably if my hours are reduced further this would be even lower.
I am wondering if I can refuse to have my hours reduced and ask instead for redundancy? I get the impression my employer would rather not make me redundant as she is keen not to liquidate the company in case more contracts are forthcoming in the future.
Can any advise on what my options are here please?