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His new recipe for success: buy another company that is in just as bad a position and dismiss thousands of redundant employees.
I must emphasise that these finances are intended for redundant employees and not companies.
As a result, few acquisitions were followed by substantial layoffs of redundant employees.
It is not how much money has been distributed, but how many redundant employees found new jobs.
The fund was established to show solidarity with the redundant employees of companies failing due to globalisation.
Treating redundant employees as people with positive strengths who deserve to be marketed well was an unusual entry.
Mergers allow companies to increase profits by combining operations and cutting redundant employees and costs.
The booklet considers the practicability of offering redundant employees alternative work, counselling or other assistance.
The number has risen thanks to near-universal access to broadband, but another surge is expected as the recession forces redundant employees to rethink careers.
Given that redundancy is a fair reason for dismissing an employee, a redundant employee cannot usually claim unfair dismissal.
Madogiwa zoku: Window-seat tribe (older, redundant employees who are retained by companies)
BHF, he said, would not have brought Commerzbank enough new customers to offset the cost of laying off redundant employees.
Redundant employees have a number of rights and are entitled to receive a statutory redundancy payment (SRP).
These may consist of better redundancy policies and the provision of help to redundant employees, including assistance in finding work, outplacements and counselling.
GE, he insists, is 'hard-headed but warm-hearted', offering redundant employees job-placement help and retraining as well as generous severance benefits.
Mr President, the Commission's first year report on the European Globalisation Fund states that over 13 000 redundant employees in eight Member States are being helped.
"If things do not improve within the next couple of months or so, there is nothing else we can do but to cut loose redundant employees," Mr. Kim said after the meeting.
Thus, redundant employees will get assistance as personalised measures supported by the European Globalisation Adjustment Fund, which will mobilise EUR 9.59 million for these measures.
In this situation, eligible employees would be entitled to receive a statutory redundancy payment (SRP) - see the page in this guide on the rights of redundant employees.
Similarly, unless there is evidence that sabotage was a genuine risk, for instance in the light of past experiences with other redundant employees, an argument based on that fear will generally receive short shrift.
In particular, he predicted that information markets would reduce the need for redundant employees at different organizations, so that companies would become smaller and more efficient, relying on each other as external sources of expertise.
It is also the case that if the employer has a vacant position available which is within the skills and experience of a redundant employee, they should offer that position as a suitable reasonable alternative.
Distribution of Sega products in Australia as of 1 July 2012 is handled by Five Star Games, made up of all the redundant employees from Sega Australia.
And if the companies were to merge and effectively double their subscriber base, the new company could reduce programming costs through increased negotiating clout, removal of duplicative channels and elimination of redundant employees.
When a plant is to be closed or relocated, this dialogue must include the following question: what has the company done to give its redundant employees a new future, for example in terms of training, further education and industrial retraining?