Statutory minimum redundancy payouts
...and they still have the cash to fly 1000 people for a jolly to Hawaii? I thought these sort of corporate shenanigans had all gone the way of the dodo post 2001, with the last of the breed dying in 2008.
Geesh, in my current company if this happened HR would be there on arrival informing us that we'd lost our jobs because we are clearly all irresponsible with company funds... with a US style redunancy package (jurisdiction fnarr fnarr) of zero notice, zero fucks given and on your own for the return flight as the cancellation cheque had already been cashed.
If I hadn't written off IBM as a potential employer after the redundancy outrage, then this would have been the final nail in the coffin. Who could possibly consider an employment offer from them with such a schizophrenic approach to their staff?