Redundancy is a form of dismissal from your job. It happens when employers need to reduce their workforce. You must be selected for redundancy in a fair way, e.g. because of your level of experience or capability to do the job.

Redundancy is a special form of dismissal which happens when an employer needs to reduce the size of its workforce. In the UK, an employee is dismissed for redundancy if:

  • new ways of working haves made your job unnecessary
  • the job you were hired for no longer exists
  • an employer needs to cut costs and reduce the number of staff
  • the business is closing down, moving or being taken over

You must be selected for redundancy in a fair way, e.g. because of your level of experience or capability to do the job.

You can’t be selected because of age, gender, or if you’re disabled or pregnant etc.

For a detailed explanation of when your employer can make you redundant, follow this link,

A complete guide to redundancy is available from the GOV.UK.

If you suspect that you may be made redundant in the future there are certain things you can do to manage your money and insure that your financial commitments are kept under control.

Advice and help with preparing for redundancy can be found at the MoneyHelper.

A guide - The Redundancy Handbook is available at this link.

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