The company was sold. Is it illegal to terminate the contract with employees? It's illegal, double indemnity. There is a clear explanation to thank humbly.

Generally speaking, it is not illegal, as long as the new person in charge is willing to admit that the labor relationship between you and the original company remains unchanged. In addition, if you don't want to work under the new leader and ask to cancel the contract, the original company will pay the economic compensation in the normal way, which is double. If the company doesn't want to, you can also file an arbitration request to double it, but whether it will support it depends on whether the company violates the law and terminates the labor relationship with you. If it can be proved that the company terminates the contract illegally, you can get the double indemnity. On the other hand, if the new company is willing to admit that the labor relationship between you will remain unchanged, but you don't want to stay.