Restructuring Strategy: UK & EU Perspectives

Please join our labour and employment teams in the United Kingdom, France, and Germany for a practical discussion on strategising for fair and effective restructuring and redundancy exercises.

Many employers are implementing or considering global or local restructuring exercises and redundancies as they navigate economic uncertainty, higher costs, inflationary pressures, and volatile supply chain networks.

Employers taking or contemplating such measures must ensure they understand and follow the applicable legal frameworks—or consider the legal and reputational risks for not doing so.

The legal framework that applies—and the specific obligations provided for under the applicable framework—will vary depending on the restructuring or redundancy plan itself and the country it is implemented in. The legal requirements can be challenging as the wider business context can impose stringent time pressures on any decisions and procedures being considered and executed.

In this webinar, we will focus on the strategic issues to consider when handling restructuring, redundancy exercises, and the key legal regimes that apply outside of the United Kingdom.

TOPICS WILL INCLUDE:

• When do employers have proposals in place to dismiss, such that collective consultation obligations are triggered in the United Kingdom?
• How should employers communicate their restructuring and redundancy proposals to employees, and what are the risks with remote and/or pre-recorded redundancy announcements?
• Are there lawful shortcuts to the applicable legal frameworks, and what are their risks and mitigating steps?
• Why is there increased scrutiny regarding fire and rehire practices, and what are practical consequences?
• In other key European jurisdictions, what are the fundamental legal principles and statutory timelines that employers must be aware of, and what documentation must be in place?

Questions? Please contact Simon Cohen.