Support for those tough decisions.
Global employers may find themselves in the difficult situation of having to co-ordinate international head-count reduction exercises.
Our lawyers can help you manage a downsizing, providing strategic, cross-border support and co-ordination where needed.
But cutting the workforce may not be in the long-term interests of the business. After all, finding and retaining talent can be a headache at the best of times and will likely get worse during an economic upturn.
So we can help you find other ways to control employment costs without reducing staff numbers, including hiring and salary freezes, and changes in terms and conditions, such as bonuses and other incentives.
We also help clients create a more efficient corporate structure, for example by setting up shared-service centres or carrying out a cross-border merger.
Regardless of how you choose to restructure, our lawyers can support you through entire process.