According to Workplace Authority Australia: "Redundancy is when an employer decides an employee's job isn't needed to be done by anyone. The job, not the employee, becomes redundant.

Redundancy may happen when:
• work that used to be done by people becomes mechanised - can be done by a machine
• business slows down due to lower sales or production
• the business relocates
• a merger or takeover happens
• the business restructures or reorganises
• other economic reasons, such as changes in tariffs or exchange rates."

However, some employers may use current financial crisis as an excuse to eliminate people. If this is the situation you have had, you can seek legal advice to consider take action for unfair dismissal or unlawful termination. Bear in mind, you have to launch the claim within 21 days from your termination.

Edited by user Friday, June 19, 2009 2:23:30 PM(UTC)  | Reason: Not specified