Even though redundancy protection laws here are sh1te compared to some other countries there are still certain legal obligations to be met, and when we went through this recently anyone even remotely likely for the chop got a formal “At Risk” letter. I got one and survived, and even with 20% to go the odds must be on your side too. I know exactly what you’re going through mate, so fingers crossed for Monday.
Thank you – we had big cuts last year that were a mess, a mate of mine was married to an employment lawyer who gave me some great tips last year as it was so badly done. This year it is so large scale that we could all be “at risk”, then we have 90 days of waiting…. my pay off will be 12 months salary, 3 months notice… my mortgage is insured (70% of it) for 12 months so I have a large safety net. That said, if the Mrs pushed on the split thing (and I’ve said that a new mortage while unemployed OR at risk is not going to happen and I will not waste my redundancy on rent – which I would be asked to pay 6 months in advance!) then I still have some “issues”….. maybe Cornwall and Doombar with Ben and Baz is the answer !!!!
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