The Influence of Foreign Acquisitions on Employees

Legal subjectivity:

1. Does the acquisition of the company affect employees? Employees will continue to work, maybe they will be laid off, and the general welfare will be better. When the company is acquired, the benefits may be better than before, but it may also be layoffs. It means that a company purchases all or part of the assets or property rights of another company, thus influencing and controlling the acquired company, so as to enhance the competitive advantage of the enterprise and realize the business objectives of the enterprise. The degree of influence is: 1, the change of culture and management mode, the change of company will inevitably change the company culture, etc. At this time, it may be necessary to adapt to a new corporate culture and management model. 2, management changes to change the company's working mode, leadership is the key, so the acquisition company will inevitably let its own managers replace the employees of the acquisition company; As a subordinate, you should learn to get along with the new leader. 3. Changes in salary and benefits also mean changes in salary and benefits. There are two possibilities: one is that the existing salary and benefits will remain unchanged, and the other is that they will be implemented according to the new salary and benefits formulated by the acquiring company. The rules and operation methods have changed. The working methods have changed a lot. In the past, it may be required to be simple and clear, but now it may be required to be more detailed and specific, and the meeting time will be increased. Second, what impact does the acquisition have on employees? It may or may not be a good thing for a company to be established in a general acquisition. Employees may continue to work, or there may be layoffs. General welfare will be better. When the company is acquired, the benefits may be better than before, but it may also be layoffs. (1) Company employees' way out: 1. Continue to work in the new company (the labor contract continues, generally without immediate compensation). 2. Being laid off (compensation according to labor law, including length of service compensation). 2. What do employees generally think: 1. Continue to work (the labor contract continues, generally without immediate compensation). 2. I don't want to do this. No compensation) (3) Legal provisions: 1. According to Article 33 of the Labor Contract Law, "the change of the name, legal representative, principal responsible person or investor of the employing unit will not affect the performance of the labor contract." Article 34 As long as the new company continues to perform the labor contract, there will be no economic compensation. Only when the new company requests to re-sign the labor contract and recalculate the length of service can it request to terminate the labor contract and pay the corresponding economic compensation. 2. When the company is acquired, the original employees will directly become employees of the new company. Generally speaking, the acquisition is legal. In case of layoffs, according to the law, employees must be paid compensation of N 1 according to their working years. If the employees are laid off before signing the acquisition agreement, they will be paid to the original company; if they are laid off after signing, they will be paid to the new company. Otherwise, you can go directly to labor arbitration. Basically, in this case, arbitration will support employees. (4) No compensation: 1. Before and after the merger, a voluntary resignation agreement was signed with the new and old companies. 2. No labor contract was signed before the merger or the contract has expired. The resignation letter was submitted before the merger. I don't want to work in the new company, and I don't want to sign a labor contract with it. To sum up, the operation of the company means the development, and the acquisition of the company may or may not be a good thing. It needs to be considered according to the aspects of the acquisition company. Ordinary employees can choose to continue working, and the company may lay off employees, so the acquisition problem should avoid bringing bad influence to their own companies and employees.