1, the company was taken over by other companies, as follows:
(1) If the original labor contract continues to be performed, both parties can re-sign the labor contract through consultation;
(2) If the unit forcibly terminates the labor relationship, it may demand compensation.
2. Legal basis: Article 39 of People's Republic of China (PRC) Labor Contract Law.
If the employer unilaterally terminates the labor contract (negligent termination), the employer may terminate the labor contract under any of the following circumstances:
(a) during the probation period, it is proved that it does not meet the employment conditions;
(two) a serious violation of the rules and regulations of the employer;
(three) serious dereliction of duty, corruption, causing great damage to the employer;
(4) The laborer establishes labor relations with other employers at the same time, which has a serious impact on the completion of the work tasks of the unit, or the employer refuses to correct it;
(5) The labor contract is invalid due to the circumstances specified in Item 1 of Paragraph 1 of Article 26 of this Law;
(6) Being investigated for criminal responsibility according to law.
Second, are employees compensated for the merger of the company with other companies?
When the company is merged with other companies, employees are compensated. According to relevant laws and regulations, after the merger, employees of the merged company have the right to choose to stay or stay freely due to changes in salary, position and welfare. If the employee chooses to leave, the company needs to compensate the employee accordingly. There are usually several ways to compensate employees:
1, cash payment;
2. The form of equity payment;
3. Payment form of creditor's rights.