Hi JapanFinance,
It seems like my board owners are considering selling off our company to a larger entity. This prompted me to think – generally speaking, just what rights do employees have in merger and acquisitions?
Especially if the larger entity is not afraid of going to court and a black company that might be sue happy.
So I was thinking I should gear up for the possibility and learn as much as possible. So what rights does a fully fledged 会社員 have exactly?
\- Can they fire you and not continue employment? Are 会社員 entitled to severance in this situation? Is there a specific time length they have to pay you if you’re a long-term employee (3mo, 6mo, 1yr?)
\- Can they change your work location without your consent? Like if you work from home can they just bring you back to the office easily even if you’ve received permission with the previous employer?
\- Can they change your pay in some kind of “necessary reorganization”?
My current boss is pretty friendly and usually willing to do almost anything with my contract because he knows I work hard, so I’m wondering if there’s anything I should do now. Is it possible agreements beforehand hold out afterwards? Anything else I should look out for in mergers and acquisitions as an employee you all have seen before?
Thanks all <3
by ExPatriot0