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Thread: Companies making employees redundant

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    Regular Member m8internet's Avatar
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    Default Companies making employees redundant

    Why is there is such anger towards the Management and company, where a new company has no choice but to close its operations and make the employees redundant?

    I can understand where the person is frustrated in that they thought they had a nice job
    or perhaps the employer should make it clearer that the venture is high risk and there is a danger that the employment could be terminated at any time?

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    Regular Member john_k_sri's Avatar
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    Because those who run the company don't share the pain with those who don't, and even if they do find themselves out of a job their pain is lessened by extensive perks such as big payoffs and share options.

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    Quote Originally Posted by john_k_sri View Post
    Because those who run the company don't share the pain with those who don't, and even if they do find themselves out of a job their pain is lessened by extensive perks such as big payoffs and share options.
    I totally agree.
    Remember an employee is just an asset/tool to be used as and when required. There is no such thing as commitment to the workforce in large companies, if you are not required then it is out the door with you. I am sure lots of people have found themselves in this situation. It is not nice, I have beeen there 3 times.
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    Regular Member pogo's Avatar
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    Quote Originally Posted by m8internet View Post
    Why is there is such anger towards the Management and company, where a new company has no choice but to close its operations and make the employees redundant?

    I can understand where the person is frustrated in that they thought they had a nice job
    or perhaps the employer should make it clearer that the venture is high risk and there is a danger that the employment could be terminated at any time?
    yeah i mean why would you be upset at getting paid off?

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    Regular Member m8internet's Avatar
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    That makes some sense now
    I think one of my newer companies is close to being closed down, we have already informed the small workforce that it will be a 100% closure if that is the case
    It was a big risk, we included in the interview that it was a new business and we would monitor it monthly and if the venture was not profitable we would close it down
    We're not exactly getting any perks out of it either, all four Directors will lose an investment of about £15K each, and we haven't even been able to draw any returns on it

    Sadly one of the Directors wants to sell up the entire business, and I think that would be a bit extreme!

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    Regular Member mushy2007's Avatar
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    I spent 5 years steeplejacking and they laid me and a load of others off.

    As I was just under 21 at the time under UK law they dont have to pay you off, so fives years of training in college and working my but off got me nothing!!!

    I was well ****ed off.

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    [Ex]Admin Duncan's Avatar
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    Quote Originally Posted by m8internet View Post
    Why is there is such anger towards the Management and company, where a new company has no choice but to close its operations and make the employees redundant?
    I've never been employed as such, only ever self-employed freelance, but from people I know I think one of the worst things that happens is that the management know that the company is about to go belly up or need to make a whole lot of people redundant but they say nothing to the workforce, not even a bit of a warning. Then the first thing they know about it is when they get their redundancy notices, often the minimum time notice required, and they have to then find new jobs very quickly. With a bit of warning they could have been looking already or with a bit of warning they could have seen what they, the employees, could maybe have done to help turn things around and avoid the company going belly-up. It's happened in some places and they turned it round successfully.

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    Regular Member moorlander's Avatar
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    I work in a declining industry...outsourcing, mass redundancy I have been through it all. what annoys me is that I have seen good hard working people who are totally loyal being laid off in the blink of an eye, no second thoughts - the loyalty is one-way...

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    Quote Originally Posted by moorlander View Post
    I work in a declining industry...outsourcing, mass redundancy I have been through it all. what annoys me is that I have seen good hard working people who are totally loyal being laid off in the blink of an eye, no second thoughts - the loyalty is one-way...
    totally agree with you m8,local company to me has just laid of all 75 employees because it will be "cheaper to make the product abroard".they make toothbrushes and they have been in the town for longer than i can remember and i am 37,i now a few people who work there and they have been loyal for many many years,makes me sick to the stomach what has happened to the british industry we have a lot of talented and well skilled people in this country but it can always be "made cheaper "outside the u.k. sorry rant over

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    Regular Member moorlander's Avatar
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    yes, we outsourced to the cech republic a few years back, then it came back, now its at indonesia, no doubt in a few years time it will be some-where else...we have quite a few polish in our area, they told me last week poland is crying out for workers in all sectors!, they are thinking about going back home as the wages have increased due to demand.

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