In a merger, there’s no guarantee of permanent employment

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

In a merger, there’s no guarantee of permanent employment GlobeBusiness

shotbydave/iStockPhoto / Getty ImagesI work for a Canadian trucking company that is merging with another trucking company. Can they demand that all employees reapply for a job with the new company, or will our jobs just transfer over?Story continues below advertisement

Assuming that you are a non-unionized employee – and not an independent contractor or owner-operator – you have nothing to worry about if the identity of your company remains the same. Successor-employer issues typically do not arise in share transactions, and normally any employee rights that existed prior to the transaction remain with the business after the transaction.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globebusiness You don’t say.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines