January 2024 – Kinstellar is delighted to have contributed to IEL’s Guide to Restructuring a Cross-Border Workforce 2023. In 2023, cross-border restructurings increased significantly – a trend that is expected to persist in early 2024. But conducting the process fairly, and thoroughly, poses a distinct set of hurdles for multinationals.
The global guide examines and provides, across 45 jurisdictions, clear answers to the key questions facing employers when conducting a restructuring, under the following areas:
- Reduction in workforce
- Restructuring/Re-organisation of the business
- Changing terms and conditions
- Areas to watch
Kinstellar employment team covered the following jurisdictions:
- Croatia, Vedran Kopilović, Managing Associate
- Hungary, Dániel Péter, Managing Associate, and Szabolcs Szilágyi, Associate
- Kazakhstan, Kuanysh Kanlybayev, Managing Associate
- Romania, Remus Codreanu, Partner, and Catalin Roman, Senior Associate
- Serbia, Kristina Pavlović, Managing Associate
- Slovakia, Matúš Kočíšek, Associate
- Ukraine, Maksym Tesliar, Managing Associate
IEL’s online tool (linked here) allows users to compare queries quickly and easily across various jurisdictions. A PDF of each country chapter can also be downloaded by clicking on the country names above.