Faced with the crisis and loss of liquidity, many employers are faced with the decision to reduce the number of jobs. However, this is not always necessary. Jobs can be protected by resorting to restructuring tools, which, although often associated with compulsory redundancies, in practice help to maintain employment.
– Repair solutions such as: simplified restructuring proceedings introduced as part of the anti-crisis shield 4.0, have synergistic value because they not only help the company repay its debts, but also enable it to adapt its size and strategy to new business realities. This in turn allows the company to improve its condition, not only here and now, but also in the long term, which is crucial for maintaining the level of employment – says Małgorzata Anisimowicz, qualified restructuring advisor and president of the management board PMR Restructuring.
- Restructuring is not about on cutting resources wherever possible, but on finding a solution to ensure further development of the company and repayment of liabilities, and improving the financial situation of the company. Delay in implementing the repair process, even in the short term, can lead to loss of liquidity, and consequently, bankruptcy of the business. Then there will be no salvation to maintain even one full-time job - points out Malgorzata Anisimowicz.
29 September 2020. We invite you to read the full version:" Restructuring avoids redundancies in times of crisis
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