I want to ask this guys. If you are working for someone in an organisation, informal organisation at that.

If the boss decides to sell the company, is it legal, morally or and constitutionally right to inform the staffs of the potential sales?

Should the boss just sell the company and care less about any decision the potential buyer decides to do with the staff who were unprepared for this?

whether he tells the staff about a potential take over or sale of the company,it will not change anything with regards to how the new owners would treat the staff or run the company..NEW POLICIES MUST TAKE EFFECT

The boss is not obligated to tell same way a landlord is not obligated to tell his tenants before selling his property.

Zonefree:
The boss is not obligated to tell same way a landlord is not obligated to tell his tenants before selling his property.

So it is not normal for a boss to call a staff meeting or just head of the dept and inform them abt the sale so that they can pass the message to their subordinates.

So the fate of the staffs should be left like that?

Is this how it works in corporate organisations too?

New007:
Moral grounds alone. Especially if he owns the place 100%. He will notify his staff about the change of ownership.

I think it is very bad to sell and didn't inform any staff.. I mean the senior staffs.... They are supposed to know......

Very sad mehnnnn..

rickpat:
whether he tells the staff about a potential take over or sale of the company,it will not change anything with regards to how the new owners would treat the staff or run the company..NEW POLICIES MUST TAKE EFFECT

Question is, is it legal or compulsory to inform the staffs abt what is coming ahead so that they can decide their fate b4 the sale happens?

DenreleDave:


So it is not normal for a boss to call a staff meeting or just head of the dept and inform them abt the sale so that they can pass the message to their subordinates.

So the fate of the staffs should be left like that?

Is this how it works in corporate organisations too?

The Boss can only do that out of his compassionate heart not that he's obligated to do that. Abi, na the staff lend him money to fund the business

DenreleDave:


Question is, is it legal or compulsory to inform the staffs abt what is coming ahead so that they can decide their fate b4 the sale happens?

it's not legal or compulsory for the management to inform staffers of potential take over...the management is not obligated to inform every staff

Nope.......they'll sabotage the deal.

[img]https://giffiles./216/216380.gif[/img]

....tell them once the deal is sealed!

....then Japa!

rickpat:
whether he tells the staff about a potential take over or sale of the company,it will not change anything with regards to how the new owners would treat the staff or run the company..NEW POLICIES MUST TAKE EFFECT

Gbam

Nope he has no business telling them. It's his company and can do whatever he wants with it.

This I have seen.

Zonefree:

The Boss can only do that out of his compassionate heart not that he's obligated to do that. Abi, na the staff lent him money to fund the business

Salary earners looking at you like

Just the way buhari "wanted" handing over the sick country to a dimentia sick person... thank God Wise Nigerians got the hint and decided to take it back through P.O...


To ur question... bro they dont care, advice youself and make your plans so that nothing should take u unaware

Not compulsory but depends on their relationship

Zonefree:
The boss is not obligated to tell same way a landlord is not obligated to tell his tenants before selling his property.

Jokes

Not obligated

Yeah

Moral grounds alone. Especially if he owns the place 100%. He will notify his staff about the change of ownership.

The choice is yours.

You can either come out with it, or let staff get their own conclusions and ideas. There is no way you can keep it a secret.

The employees are also stakeholders in the company. You cannot run it by yourself.

DenreleDave:
I want to ask this guys. If you are working for someone in an organisation, informal organisation at that.

If the boss decides to sell the company, is it legal, morally or and constitutionally right to inform the staffs of the potential sales?

Should the boss just sell the company and care less about any decision the potential buyer decides to do with the staff who were unprepared for this?

Inform them before selling so that dem go fit plan how to sort out themselves.

Cerebellum:


Salary earners looking at you like

How far

It is idle you inform them of the potential sales so they can plan accordingly. The employees have been an integral part of the company. Hence, informing them gives them some form of belongingness. But make sure you keep your eyes widely opened afterwards to ensure last minutes thefts or frauds are not perpetuated because this is sometimes the norm in companies that are approaching wind off or acquisition

it appears its the noble thing to do

but then the business owner shouldnt

i did it and regreted it.

in short to be nice this days na risk

so i told my driver i would sell his truck and give him another truck the way that guy left for competition broke my heart

i know how much i have lost

conclusion

conclude the deal before telling them

Morally, the staff should be informed but depending on the kind of staff, if dem be sensible and responsible people, they should be informed.

But if dem be eleribu people, gbeyalaya won shepe and join if dem call you to ask kweshun

In a sane setting, the boss will need to intimate the workers and during the change of ownership, there's need to include the policies that will protect the interest of employees in his new policies. That will include payoff and other incentives as might be helpful.
Same goes with selling of building that's occupied by tenants. The tenants need to be aware and the potential buyer MUST Be made to protect d interest of the occupants.

Anyway like I said, it's in a sane clime

Tinubu's boys stole Meek Mills phone

Okay

K

I think courtesy demands

AgentGoat:


How far

Big man. I dey o

How your side

Zonefree:
The boss is not obligated to tell same way a landlord is not obligated to tell his tenants before selling his property.

That is where you are wrong
Only a wicked boss or landlord wont call together staffs or tenants to make them have plans.

Whoever wants to stay can who wants to look for another place can thwn make the moves

At least, not immediately, but eventually. People have different reasons for working where they are and that must be respected.

Such an information will help both parties; help the business owner know the employee concerns and be confident of the state of the business he's about to sell of; and help the employees confidently key into the new project incoming.

Zonefree:
The boss is not obligated to tell same way a landlord is not obligated to tell his tenants before selling his property.

Now, that's wrong.