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The company I work for is being sold. Can I lose my job?

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Navigating business sales can get tricky, says Dr Kirstin Ferguson, so get everything in writing.

Each week, Dr Kirstin Ferguson tackles questions on the workplace, career and leadership in her advice column “

However, if New Boss doesn’t clearly set this out as part of a new contract of employment, which you need to be given as part of the ownership transfer, then you may be able to challenge New Boss if they try to terminate your employment in the future. The most important advice from Sarah is to make sure you get everything in writing from New Boss – preferably in a new contract of employment that clearly sets out how your existing entitlements will be treated as part of the transfer of business.

 

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