With the recent news that Marks & Spencer, Debenhams and House of Fraser are to close stores across the UK amid heavy falls in profit, it has raised questions around what employees rights are when a business decides to restructure. Contributor Kirsten Cluer, HR Consultant and owner Cluer HR.
House of Fraser, the most recent established UK retailer to feel the squeeze on the High Street, announced it is to close more than half of its UK stores, including its flagship on Londons Oxford Street, putting 11,000 jobs at risk.
When a company or organisation enters a period of transition, the major changes can be swift. During this time, businesses will often consider cutting costs, restructuring, downsizing or streamlining operat…
Read the full article at: https://www.thehrdirector.com/features/business-growth/employees-rights-business-restructure/