Skip to content

Topic

EU Collective Redundancy Law

The European Union rules governing large-scale dismissals, requiring employee consultation, written notification of national authorities and a waiting period before dismissals take effect.

Current clusters

product1 publisher

Oracle Raises Job-Cut Costs by $700M, Still Unbooked

The company said in a filing that the money covers additional actions it expects to take. Roughly 92,000 of its 141,000 staff work outside the US, and collective cuts in the EU need consultation and written notice before anyone leaves.

Publishers:thenextweb.com

Reality

Evidence62
Adoption55
Hype gap+12
Incentives68
Confidence60