Reducing Employment Costs in the UK
By EsqSocial Corporation 03/11/20
The pressure imposed on many businesses by the pandemic highlights the complications in the UK of imposing reductions in force (or redundancies as they are more commonly known in the UK) or of unilaterally changing terms of employment. Employment at will does not exist in most jurisdictions outside the US, and UK employers cannot simply notify employees unilaterally that their salary is being reduced, their benefits are being cut, or that their roles are being eliminated with immediate effect....
By: Locke Lord LLP