UK REDUNDANCY LATEST Q4 2018
Refinitiv: on Tuesday 9 October the company commenced consultation in the UK over proposed headcount reductions. Consultation will last a minimum of 45-days. After an initial period of collective consultation, individual and group notifications will commence Monday 15 October. Earliest dismissal dates for those confirmed as redundant following consultation will be 2 December 2018. [all dates relate to UK only]
In accordance with the Job Reduction Procedure, all proposals will be subject to both collective consultation with union and employee representatives and individual consultation with those employees directly impacted.