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Employees blindsided by termination letters in sudden restructure
A restructure announcement that took employees by surprise and resulted in significant venting and complaints on social media highlights some of the issues that can arise when major workplace decisions are executed quickly, a lawyer says.
On Monday, recruitment company Collar Talent Group voluntarily appointed administrators for the national business which, after a period of fast growth, has accumulated more than $20 million in tax debts, unpaid super and more.
Over a six-week period, while Collar continues to trade, the administrators are hoping to restructure the operations so it can emerge on the other side a stronger business...
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