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by C1sc0cat 2634 days ago
Which country? If your company goes bust the hard way you can.

There are cases of Supposedly worker friendly European companies deliberately making UK subsidiaries bankrupt to avoid statutory redundancy payments and consultation.

Of course the Uk taxpayers picked up the tab for that one its not just FANG's that avoid tax :-)

1 comments

I've seen this with companies and non-profits in countries like France as well. Instead of attempting to navigate the complex dismissal laws and regulations, they simply close the shop completely and reopen it elsewhere under a different name.