Got rid of staff without even a redundancy pay and did a dodgy fraudulent pre pack sales between its subsidiaries. - Manager FEXCO Employee Review

1.0
Apr 29, 2021
Recommend
CEO approval
Business outlook

Pros

During furlough (March - October ) they paid 100% of the salary

Cons

During redundancy of over 100 staff from Fexco subsidiaries in RFX No1 Currency and Thomas Exchange Global they didn’t even pay the redundancy pay and forced employees to claim it from the government despite been highly profitable. During redundancy process got rid of long standing staff who have been in the company more than 5 years whereas staff who joint less than 1 year secured their jobs simply cos they were personally recruited or family friends or boot lickers with the top management of Thomas Exchange Global (Fexco) Sold the company and brand (Thomas Exchange Goobal and No1 currency) to 100% subsidiary currency exchange Compnay (CEC) for fraction of the real value in a fraudulent pre pack administrative sale to get rid of massive corporate debts and unpaid retail branch rents amounting to over £10 million pounds and forcing the long standing staff out of those companies without any compensation or even the basic redundancy pay resulting in staff claiming the redundancy and holiday pay from the government. (Redundancy pay services)

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5.0
Nov 27, 2025
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CEO approval
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Pros

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Cons

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3.0
Sep 23, 2020
Recommend
CEO approval
Business outlook

Pros

Great cool awesome best nice

Cons

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