It's been nearly two and a half years since Phones4u folded, but the aftermath of the company's abrupt closure is still being felt. Thanks to a recent employment tribunal, 400 former staff have been awarded 12 weeks redundancy pay on the basis there was no consultation period ahead of the layoffs -- not unusual when a firm suddenly implodes. The government's Redundancy Payments Service is forking out £3,712 per person, equivalent to 8 weeks of statutory pay, while the invoice for the remaining 5 weeks is now on the desk of administrator PricewaterhouseCoopers (PwC), which did not dispute the claim.
Via: Mobile News
Source: PricewaterhouseCoopers, Evening Express
The death of Phones4u is still playing out posted first on http://ift.tt/1tUdcCk
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