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Employment after a takeover
Hi, what happens if you work for a firm and it gets taken over by a rival larger firm. I'm presuming if your role is specialist you keep your job? Do you get paid redundancy?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Your employment rights are protected under a piece of legislation called TUPE - Transfer of Undertaking, Protection of Employment (Rights). The new company is bound to continue with your employment as if you still worked for the old one. However it does not meet that you can't be made redundant! - it merely means that they would have to treat you as if you had been working for them since the start of the first job (length of employment, for example). It is not unusual for firms to rationalise some jobs when they merge.
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