3 ms·
In most of Europe (except for the UK as far as I know) you always take the responsibility for employment from the acquired to the acquiring party. In some cases
by consp 8y ago
In most of Europe (except for the UK as far as I know) you always take the responsibility for employment from the acquired to the acquiring party. In some cases it is even enforceable in companies acquired due to bankruptcy. The 'fire everyone and rehire under shitty contracts' does not apply. Though I have heard of cases where it was tried.
- tobylane 8y agoBusiness sales in the UK are usually 'as a going concern' where the new owner takes the responsibility. House of Fraser was specifically bought differently, making it notable.