Any advice gratefully received. I had a bit of a thunderbolt yesterday. I have been working in a professional part time role in a small business for the last twelve years. I was told that my company wants to reduce my hours by 50%, giving me two weeks notice of the change. If I don't accept the new terms, they said they will have to resort to terminating my employment with three months notice as per my employment contract. No performance issues ever. I am just wondering if I am also entitled to statutory redundancy if I refuse the new terms.