Employees’ Rights in Case of a Transfer of Undertaking
In case of a business transfer, all employees, rights and duties arising from an employment relationship with the seller that already existed on the date of the transfer are automatically transferred to the buyer. After a transfer of undertaking, employees are, as the case may be, protected against the termination or the unilateral modification of their employment contracts for economic reasons during a period of 2 years (such protection could be provided for in a collective bargaining agreement).
