Retrenchment is the process of reducing staff or operations due to financial difficulties or restructuring, often involving layoffs or redundancy, governed by local laws.
- What is retrenchment?
Answer: It is reducing staff due to financial or structural reasons. - What are examples?
Answer: Examples include layoffs during a downturn. - What are employee rights?
Answer: Rights include notice and severance per local laws. - What are the implications?
Answer: It affects morale and future hiring. - How does HR handle it?
Answer: HR plans, communicates, and ensures compliance.
