Impending job loss: Beware, trap! How executives recognize their creeping degradation - and take countermeasures
When employers want to get rid of unwanted managers without having to pay high severance packages, they often resort to tricks. The most important warning signs and legal countermeasures.
German companies are using subtle tactics to push out senior managers without incurring high severance costs. Christoph Abeln, a Berlin-based labor law expert, and Nils Schmidt, a lawyer and board member of the DFK, a professional association for executives, have identified common methods used by employers to quietly terminate employment contracts.
These include promoting a manager to a position with reduced job security, introducing a co-manager to share responsibilities, and relocating them abroad. The experts advise managers to be cautious and take countermeasures, such as documenting events, reviewing contracts, and negotiating safeguards to protect their positions.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
