Mergers and acquisitions refers to the consolidation of companies. A merger is the combining of two companies to form a new company. An acquisition is the purchase of one company by another company.
The key area for HR departments during mergers and acquisitions is TUPE transfers. Transfer of undertakings (TUPE) laws safeguard employees’ rights when there is a transfer of a business or service from one organisation (the transferor) to another organisation (the transferee).
Virgin Media O2 has announced plans to lay off up to 2,000 employees by July 2024, joining BT and Vodafone in cutting headcounts.
The fate of 2,000 workers formerly employed by Tuffnells Parcels Express remains unclear after its acquisition by Shift.
Prospect says it needs to understand the wider implications of the Vodafone Three merger on the telecoms sector.
The HR software provider is set to acquire the global payroll firm.
PwC's acquisition of People Force has been completed, with 50 employees transferring over to its people and organisation business.
A national dentist shortage and rising costs have prompted Bupa Dental Care to cut 85 practices in the UK.
Andrew Bartlow talks to Chris Taylor about mergers and acquisitions, workplace culture and HR's need to focus on the business.
Morrisons has rescued convenience retailer McColl's from administration, saving 16,000 jobs.
By redefining its purpose and reinforcing its values, Twitter has a chance to develop a new sense of belonging when Elon Musk takes over.
Chief constable Iain Livingstone says other forces can learn from Police Scotland's reforms and increase public trust.
‘Big four’ consulting firm EY has acquired leadership development specialist Lane4, it has been announced.
EY said the acquisition would...
Around 1,000 jobs at stationary retailer Paperchase – about two-thirds of its workforce – have been saved.
Insolvency Service figures seen by the BBC showed more than 10,000 organisations had plans to make significant job cuts last year.
Edinburgh Woollen Mill, Bonmarché and Ponden Home have been bought out of administration, safeguarding almost 2,000 jobs.
The stricken retailers...
With so much economic strife on our doorstep HR leaders will have to take a deep breath and confront the difficult issue of company insolvency.
