In employment law terms redundancy has a specific definition. One such definition occurs where work of a particular kind has ceased or diminished or is expected to do so. Those like me who follow formula one, will know that they are bringing in new rules next year, one of which limits the amount a team can spend. This has had unexpected consequences.
One engine supplier Mercedes-Benz which supplies engine parts to the teams of McLaren and Brawn in the sport have shed their workforce by 10% blaming the rule changes. The joblosses are fairly local to us. Due to the rule, less engines will be produced meaning less staff are needed. They wll also be spending less on engine development.
It just goes to show you that the reasons for a redundancy exercise can come from the strangest of sources.