Managers are subject to these four errors

Dusseldorf The long-time division manager of a medium-sized IT company is satisfied: He has been appointed to the management – and sees this as a sign of recognition.

But his joy only lasted for a short time: after only six months in the executive chair, the owner surprisingly gave him notice. Instead of directing the company’s fortunes, he is suddenly unemployed. What went wrong there?

First promoted, terminated shortly afterwards. Not a rare case, as the Berlin labor law expert Christoph Abeln, who specializes in representing executives, knows.

On the contrary: “A bad trick to get rid of a long-serving employee in a comparatively uncomplicated way,” says Abeln. The lawyer explains what very few people know: In principle, the managing director of a company can be dismissed at any time without an important reason purely by a shareholder resolution.