Our company has been bought by another company. All has been re-branded. President of the New Owner has already visited us and been introduced. The New company is US based.
As for us the employees,
Are we entitled for a retrenchment?
No contract from the new company yet, so we are unsure what will really happen to us. And is this legal na we are working for a company that might not be existing anymore since nabili na ung old and na rebrand na nga po and everything about the old company has been erased.
Company has been acquired like around OCT or NOV last year pa po..
Any insights on what we can do or what the company should have done from the time it has been acquired.
Thanks and more power....