My company got sold and no one told us. Is that fair?

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Your employer may not have a legal responsibility to tell you about the sale of the business, but it’s clear they may not value you appropriately.

I’ve been working at a company for more than 10 years, and it has been a great journey. It’s been like a family to us all. Recent changes made things less enjoyable, but I was coping until I discovered in the news that our business had been sold! Nobody had told us about this. I was infuriated, and I emailed senior people, wanting an explanation. One of them replied, having a go at me and saying my tone was inappropriate.

But that’s just my lay opinion. I asked Dr Stephen Clibborn from the University of Sydney to give us the benefit of his experience and expertise. He’s an associate professor in the discipline of work and organisational studies at the university’s business school and co-director of theHe told me we might consider this case from three main perspectives: legal, people management and business management.

It is possible that the new owners see the value of the business they have acquired in something other than its workers.“What I suspect has happened here is that the company employing the reader was sold. If this is the case, the reader would still be employed by the same legal entity – the company. In a strict legal sense, nothing has changed in their employment relationship – their employer remains the same, their accrued entitlements remain, etcetera.

 

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