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Mass redundancies – the impact of Covid-19 on industries

Despite the Government’s financial support scheme initiatives, mass redundancies are being announced as the coronavirus crisis takes its toll on the aviation industry.

Whilst businesses are doing all they can to ensure survival, news that you are losing your job is distressing at any time, let alone when we are in the midst of a global pandemic.

Rolls-Royce has announced it is to cut 9,000 jobs from its global workforce due to lower demand from its major customers, Boeing and Airbus.   A large proportion of these cuts are expected to be from the civil aerospace division based in Sinfin, Derby. 

Lisa Aitken, our employment law specialist who now lives in the area but grew up and worked at Gatwick Airport, understands how shocking this news is to the employees and families of those who both work at Rolls-Royce but also those companies who are in the supply chain.   The world-class manufacturing company has furloughed approximately 4,000 UK staff and has said the cuts could result in £700 million in savings towards an overall aim of £1.3 billion in annual savings. 

It is essential that those affected by redundancy have their interests protected by ensuring the process is carried out in accordance with contracts and legal redundancy rights. 

Important issues to consider are:-

  • Do you know what you are facing – voluntary or compulsory redundancy or something else?
  • Do you know who to talk to?
  • Do you know your entitlements?
  • Do you know whether you have to work your notice?
  • Do you know your options?
  • Do you think your redundancy is fair?
  • Have you been asked to sign a settlement agreement?

If you are affected by redundancy, we are here to support you and explain your legal rights.  Talk to our employment law specialist, Lisa Aitken on 07960 469988 or email:  LisaA@moore-tibbits.co.uk

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