New Owner Doesn’t Want To Assume My Contract And Wants To Demote Me.
Location: Auburn Alabama I was hired by this company a little over 3 months ago. I was hired and signed a contract for a general manager role. In my contract it stated I would have a 2-3 month training window before fully stepping into the general manager role. For these training months I received the same compensation as one of the crew members I was learning to manage. Literally as soon as my “training window” was complete the owner sold the company. Since then he has claimed he’s told the new owner about my contract and role and that the new owner was figuring out a new compensation structure for me. I believed this until the new owner sent me a contract that listed me as a technician instead of a manager. When I stated that this didn’t reflect my initial contract or role he said he didn’t know I had another contract, meaning the old owner never even told him he had hired me as a manager. Since then the old owner has told me he can only offer me a standard technician position at a 3rd of what I’m supposed to be making. I’m aware the new owner is not required to honor my contract, but is it legal for the old owner to basically promise me a role and make me waste 3 months training just to add value to the company? It just doesn’t seem possible to me that he’s allowed to basically create a fake role and hire for it knowing that that role won’t exist when the new owner takes over.
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