Remember that a lot of the information you will find online in relation to redundancy and employment rights reflects UK legislation.
The Isle of Man has its own legislation covering employment which includes redundancy payments.
Finances will probably be foremost in your mind. If you are out of work, you may be entitled to benefits. To find out more about what you may be eligible to claim, please call into or contact the Department of Social Care’s Markwell House office.
Although, at the time, it may be difficult to see any beneficial aspects to redundancy, many people have in fact used it as an opportunity to make a positive change to their career path - for example, successfully setting up their own businesses.