Why make redundancies?
This is a situation which arises when a company workforce needs to be reduced. It is not undertaken lightly as it still costs the company to reduce the employee numbers. Most companies try different avenues prior to making redundancies.
This is usually due to change of circumstances whereby:
- The work load has changed therefore part of the workforce is no longer required
- The company may need to relocate and you job role no longer exists
- Technology has superseded your role.