In an unstable economy, businesses must think ahead to stay afloat. Restructuring is an option which most businesses must employ at one point or another.
Where your business is considering making redundancies or reorganising, we can help. We can provide you with friendly, straightforward guidance to ensure your business transitions smoothly while staying compliant with all legal requirements.
Understanding Redundancy and Reorganisation
What is Redundancy?
Redundancy happens when businesses need to reduce their workforce. This could be because of financial difficulties, changes in market demand or advances in tech. It’s a tough decision to make but sometimes, it’s necessary.
Redundancy must be handled with care and in line with employment law to avoid potential disputes.
What is Reorganisation?
Reorganisation is when the business is restructured. This could be to improve efficiency, adapt to new markets or adopt new strategies. Reorganisation might involve your staff changing roles or moving departments.
Reorganisation can help a business remain competitive, but again, it must be managed carefully to stay compliant with your legal obligations.
How Fitz Solicitors Can Help
Our team of employment lawyers can guide you through every step of the redundancy or reorganisation process.
We can help by:
- Assisting in the consultation process
- Drafting settlement agreements
- Dealing with dismissal claims
- Advising on inter-group reorganisations
- Advising on alternatives to redundancies such as outsourcing
- Advising on your legal rights and obligations
Specifically, we can:
- Minimise Legal Risks: Redundancy and reorganisation, when managed incorrectly, can end up turning into dismissal disputes or discrimination claims. We minimise these risks by ensuring every step of the process is compliant and fair.
- Support Your Employees: Redundancy and reorganisation impact people’s lives. So, we can also help support your employees through the process.
- Offer Tailored Solutions: We don’t operate with one-size-fits-all approaches. We take the time to get to know your business and your staff, so we can offer tailored redundancy and reorganisation solutions.
Get in Touch
If your business is facing redundancy or reorganisation, don’t hesitate to get in touch. The sooner we get involved the more we can help you.