Retrenchment - Wikipedia Retrenchment (French: retrenchment, an old form of retranchement, from retrancher, to cut down, cut short) is an act of cutting down or reduction, particularly of public expenditure
Responsible retrenchment - Ministry of Manpower Employers who are retrenching any employee must do so responsibly and fairly Find out the considerations and requirements for retrenchments Retrenchments are defined as dismissal on the ground of redundancy or by reason of any reorganisation of the employer's profession, business, trade or work
RETRENCHMENT Definition Meaning | Dictionary. com Retrenchment is basically a formal way of saying "layoffs" or "downsizing " If a company undergoes retrenchment, it's usually in a bad financial situation and must find ways to spend less money
Retrenchment - definition of retrenchment by The Free Dictionary Define retrenchment retrenchment synonyms, retrenchment pronunciation, retrenchment translation, English dictionary definition of retrenchment n 1 A cutting down or back; reduction 2 A curtailment of expenses n The act of consolidating one's strength, as for further efforts American
What is Retrenchment? | Definition Meaning - factohr. com Retrenchment is the process of organizations laying off employees to save money, improve efficiency, or due to unfavorable market conditions It's a permanent termination of employment, unlike temporary layoffs, and leads to long-term changes in human capital
retrenchment - Wiktionary, the free dictionary retrenchment (plural retrenchments) (military, dated) A defensive work constructed within a fortification to make it more defensible by allowing defenders to retreat into and fight from it even after the enemy has taken the outer work