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Made Redundant

  • 01-05-2024 6:42pm
    #1
    stephenjohny92
    Registered Users Posts: 26 ✭


    Hi,I got redundancy notice saying that the company is going redundant day after tomorrow.

    Is this really possible in Ireland?



Comments

  • #2
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,371 Mod ✭✭✭✭Jim2007


    It is not at all clear what you are saying….

    A company does not go redundant, it can make positions redundant and as a consequence of that the persons holding those positions loose their jobs.

    A company can become insolvent and as a result is forced to declare bankruptcy and when this happens and all employees loose their jobs.

    And yes either can happen in Ireland, just like anywhere else.



  • #3
    Mrs OBumble
    Registered Users, Registered Users 2 Posts: 26,032 ✭✭✭✭Mrs OBumble


    Indeed.

    If insolvency happens, you can out of a job the day after tomorrow and have problems getting paid the wages you are due, much less your redundancy.

    Eg look at what happened to the Body Shop.



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