How did that happen, then? You can't be heaved out without compensation if you are blameless.
[Not that it's any of our business; and you may not want to relive it.]
No problem talking about it
The company went into a CVA agreement. Basically they can dump anyone they please, shelve all their debts, but can carry on trading.
A fund is created into which the company pays, this will be used to pay back creditors at 75p in the pound at some time in the future.
My redundancy, less than a third of what I would normally have got, was paid by the National Insurance fund.
Other money I invested in the company makes me one of the creditors too so I may get something back in about 4 years.
CVA is a one time only deal. They had to be rid of anyone that would be expensive to make properly redundant later. So out go all the veterans on a sunny Friday morning.