Restructure & Redundancy

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Originally Posted by travelrover

I was working in Singapore during the GFC and one ‘enterprising’ tech company had a planned fire evacuation. Once assembled outside the staff were advised that some of their access cards would no longer work and if this was the case you had been made redundant and personal belongings would be couriered to their home address. Quite legal there at the time. People care laws hardly existed in Asia and completely ignored by western multinationals when convenient to do so despite moral obligations under their home H/O charters and mission statements.

Even so did not go down well, was mentioned in parliament and made the BBC World news.

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In the 1980's a Brisbane metal fabrication company was working normally on Friday afternoon. Monday morning the gates were locked, security guards in place and the workers arriving to start were told the company had closed down and was to be sold up. Employees were told that if they had any personal possessions inside they could make arrangements with the security firm to be escorted in, one at a time, to identify their tools etc and establish ownership. "Got receipts and invoices?"

company i work for is going though a restructure. 9000 redundancies over 3 years, its about one third of the work force.

if the company didnt do it, the company would not be operating in 5-10 years time.

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Originally Posted by RANDLOVER

Pine Gap spy base contractor Raytheon locked in redundancy payout dispute - ABC News (Australian Broadcasting Corporation)

Watch out for this trick of offering a person an inferior job, then refusing to pay a redundancy when they don't accept it.

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A few blokes up this way got caught with something like that a little while back. They were offered jobs in another part of the group of companies at a lower rate of pay which they took. Not long after, that section had a restructure and each one of those blokes was made redundant and paid out at the lower rate.