Restructuring & Redundancy – Key Considerations & Risks
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With reports of reduced business volumes or cancellation of key contracts, some organisations may have to make the difficult decision of implementing redundancies to adapt to these market changes. Both processes, while sometimes necessary, are fraught with legal complexities and potential risks if not handled with precision and care under Irish employment law. They can also be very unsettling for those employees not directly impacted and threaten the progress made in the areas of employee engagement and retention of key members of the team.
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