Thread regarding VMware layoffs

"Unfortunately TUPE does not apply here as BC are buying out all of the shares."

Incorrect. It has nothing to do with shares or cash. TUPE is about Transfer of Undertaking - BC is legally bound to abide by the law. When an entity acquires another the employees of the acquired entity are protected by TUPE

"A transfer of undertakings (TUPE) occurs when either a business transfer or a service provision change takes place. When a business moves to a new owner in one of these 'relevant transfers', the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE) currently protect the entitlement of UK employees to the same terms and conditions, with continuity of employment, as they had before the transfer."
https://www.cipd.org/uk/knowledge/factsheets/tupe-factsheet/

Stop spreading misinformation.

"EU will get massive layoffs ±50% as per what I know"

You literally know nothing

EU will get massive layoffs ±50% as per what I know

You know nothing.

Different rules in different countries, they cannot bypass them. They can tick box them but not bypass.

Unfortunately TUPE does not apply here as BC are buying out all of the shares.

TUPE may apply in the future is a division is sold off to another company.

Most likely it will be treated under TUPE regulations. It is usually the easiest way for all parties.

@gul+1pH0NKRp

Tell me you know nothing about how M&A employment laws work in Europe without telling me that you know know nothing about how M&A employment laws work in Europe.

Apparently, BC's plan is to treat all the EU countries as one, to be pragmatic, so once the acquisition is completed, they will be able to sit with Germany's union (which is the country with the most protective labor laws), get to an agreement on layoffs and severance and then, communicate it to the rest of the countries' unions, go to court to get green light in the countries that is needed and execute. The timeframe varies from country to country but nothing will likely happen before 3 months. Maybe even 6.

Different rules and therefore different dates in all countries across EMEA - neither UK nor Ireland will be 'day 1', but some other countries in the Geo are likey to be.

No. Each country will have its own processes. Most countries in Europe will take a few months

EU will get massive layoffs ±50% as per what I know