I don't think we are in danger of turning into a "compensation culture", which I have always understood to mean suing (and often being successful) for the slightest wrong.
The issue is whether people believe that others have a right to a secure job or whether workers are merely a factor of production, who can be hired and fired in the same way employers buy in other required resources. It's quite evident that many in the current Conservative Party believe the latter. People have a value on their heads depending on the amount of profit they can generate.
It's highly unlikely that the current government will do anything meaningful because it suits their agenda to have a flexible and powerless workforce. "Britannia Unchained" (a book written by Liz Truss, Kwasi Kwarteng, Dominic Raab and others) asserted that "The British are among the worst idlers in the world. We work among the lowest hours, we retire early and our productivity is poor. Whereas Indian children aspire to be doctors or businessmen, the British are more interested in football and pop music."
Employment laws themselves need changing because currently employers aren't breaking the law if they compensate their employees. The trouble is that the compensation rates are derisory and can be factored into restructuring costs, which is what P&O has done.
Grant Shapps is in a panic about P & O because it appears that he did know that something was on the cards at the end of 2021, but did nothing. He says he's going to introduce something next week, but I doubt very much whether it will have any clout.
Ironically, the CEO of P&O has been honest about what the company has done. He knew that using legal procedures would take time, so he used existing law to get his own way. I have little doubt that the case will be used as justification to scrap the meagre amount of protection workers currently have, so they would end up in an even more precarious situation than they are now. This is libertarian economics in practice - and what Conservative Party supporters voter for.