Social aspects of cross-border mergers
The world is moving closer together and cross-border mergers are likely to be part of the corporate landscape for years to come, also in Luxembourg. But how are employees affected by such mergers?
Luxembourg's financial sector is experiencing some big changes. Not only are there regulatory changes to banking secrecy, but established players are leaving while new banks, such as the China Construction Bank, are arriving.
International mergers are likely to be part of the corporate landscape for some time to come. So, would you know your rights if your Luxembourg employer merged and absorbed with another company incorporated in the European Union?
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