Seem to have been notifications in Ireland today?
What's happening anywhere else? Have consultations started yet?
Look after each other. This is bad.
Seem to have been notifications in Ireland today?
What's happening anywhere else? Have consultations started yet?
Look after each other. This is bad.
Sure, that’s right, but the important milestone is when the clock starts ticking on the consultation. That happens when risk groups are told that it could be them. We’ll know a lot more at that point.
When proposing to lay off 20 or more employees, a UK employer must consult with the affected employees’ trade union or other representative. If worker representation does not exist, then the employer must hold elections so that a representative is appointed for the consultation. The consultation is intended to avoid or reduce the number of redundancies. As the UK’s government website indicates: “Consultation doesn’t have to end in agreement, but it must be carried out with a view to reaching it.” In addition, employers must notify the UK’s Redundancy Payments Service (RPS) at least 30 days before the first lay off (or at least 45 days in cases where 100 or more employees are to be dismissed). An employer who fails to notify RPS is subject to a fine of up to £5,000.
Depending on the country's legislation it may take a few weeks or even months to sort out the layoff details with the authorities in each country. So, the European layoffs may not come this month at all...