Methods of Retrenchment

Cards (4)

  • Reducing the workforce gradually by freezing recruitment, offering early retirement or voluntary redundancy is a method of retrenchment
  • Delayering, which removed a level of management from the organisational hierarchy is a method of retrenchment
  • Closing a factory, outlet or division of a business is a method of retrenchment
  • Making targeted cutbacks and redundancies throughout the business is a method of retrenchment