We are all familiar with these few but regrettable situations where businesses fall out of the sky without warning or protocol.

It is absolute misery for the employees who have their job, and consequently their life, pulled from underneath them in a flash. And to rub salt into the wound they then have to compete with their colleagues in the pressure of the restructure process.

This is a huge contrast with a well managed closure which is more like a long summer’s evening sunset. First, the employer sends the HR1 form to the government. This is followed by collective consultation, individual consultation, and a notice period which gives employees time to look for work. Often outplacement counselling is provided too.

If you’re an employer facing the prospect of letting people go, our free guidance on this will help you – see our employer’s guide to redundancy which includes the typical costs, process and time-frames.