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FWC allows Sydney company to drastically slash redundancy payouts

The Fair Work Commission has affirmed an employer’s decision to cut redundancy payouts to four employees by nearly $30,000, after the company argued that the COVID-19 pandemic has put it under “significant” financial strain.

FWC allows Sydney company to drastically slash redundancy payouts
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FWC allows Sydney company to drastically slash redundancy payouts

The Fair Work Commission has allowed a Sydney-based company, ACME Preston, to reduce redundancy payments to four employees by over $29,600 to just $14,400, after the company’s Ingleburn plant was forced to shut.

Read more at MyBusiness

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