Unfortunately, redundancies are increasingly common in today’s unpredictable economic climate. They usually have little to do with inadequate job performance and more to do with financial decisions made by the board of an organisation. As difficult as it may seem, the best thing to do is to treat the situation as an opportunity and maintain a positive outlook as best you can.
It’s important to remain motivated and use your free time wisely while you’re unemployed or working out your notice. Training or new skills courses are a constructive way to use your time and can be relatively inexpensive. Contact your council and request the details of a local adult education provider offering courses which could augment your work experience and skills. Employers and recruiters will never judge you because you’ve been made redundant but are likely to be impressed if you can demonstrate constructive use of your time since you left your last role.
Your Employer’s Responsibilities
If your employer makes your job role redundant, they have certain responsibilities to you as an employee and it’s important that you’re aware of these. If you’re working out your notice, they should grant you time off (within reason) for job interviews and should be flexible if you’re lucky enough to land a new job before the end of your notice period. They should also perform all the expected duties of a previous employer such as supplying employment references as requested.
If you experience problems during the redundancy process, try to resolve these with your employer in the first instance. It's good practice to keep a paper trail of issues so submit requests in writing & ask for a written response. If you feel your employer is treating you unfairly or isn’t carrying out their responsibilities then speak to your trade union representative or contact the Citizen’s Advice Bureau on 08444 111 444.
Emaar Malls has acquired a majority stake in Namshi (the online fashion retailer based in Dubai) for $151 million in an all-cash transaction. Namshi has been part of Global Fashion Group (GFG) which is owned by Rocket Internet whose other e-commerce companies include Lamoda, Zalora, Dafiti and Jabong. Mohammed Alabbar, the chairman of Emaar Malls and Emaar Properties, also owns the ecommerce website Noon.com, which is yet to launch in the market. According to Reuters, this deal with Namshi gi... Read more.