retrenchment definition business - EAS
- Terminating an employeeDefinition of Retrenchment is terminating an employee due to the surplus of labor or incapacity of employees to match the performance standards of the company.
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- https://www.merriam-webster.com/dictionary/retrenchment
Webretrenchment noun re· trench· ment ri-ˈtrench-mənt : reduction, curtailment specifically : a cutting of expenses Example Sentences Recent Examples on the Web Loeb backed off that position, but nothing is out of the question at a time of media retrenchment.
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Retrenchment - Explained | Business | tutor2u
https://www.tutor2u.net/business/reference/...WebMay 12, 2018 · Retrenchment is a term used to describe when a business decides to significantly cut or scale-back its activities. Retrenchment might occur when one or more of the following happen to a business: …
- https://www.merriam-webster.com/dictionary/retrench
Webretrench verb re· trench ri-ˈtrench retrenched; retrenching; retrenches transitive verb 1 a : cut down, reduce b : to cut out : excise 2 : to pare away : remove intransitive verb : to make …
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- https://businessjargons.com/retrenchment-strategy.html
WebDefinition: The Retrenchment Strategy is adopted when an organization aims at reducing its one or more business operations with the view to cut expenses and reach to a more stable financial position. In other …
- https://www.marketingtutor.net/retrenchment-strategy
WebWhat is Retrenchment Strategy? Retrenchment strategy is a process through which you cut down all of those products and services that aren’t profiting your business to …
- https://businessjargons.com/retrenchment.html
WebDefinition: Retrenchment is a situation involving permanent termination or discharge of an employee’s services by an employer for any reason whatsoever. It is forced on both …
- https://simplicable.com/en/retrenchment-strategy
WebApr 5, 2020 · A retrenchment strategy is the process of aggressively cutting costs in ways that have impact to your operations and revenue. This is usually done in the context of a …
Retrenchment Strategy: Definition, Meaning, Types, Examples
https://parsadi.com/retrenchment-strategyWebFeb 9, 2022 · Definition: A retrenchment strategy helps an organization reduce its operations or cut expenses to achieve a financially stable position. Businesses adopt …
- https://www.peoplehum.com/glossary/retrenchment
WebRetrenchment is one of the ways companies use to terminate employees when the company is forced to downsize its number of employees. Subsidiary companies of …
- https://www.legalwise.co.za/.../retrenchment
WebRetrenchment is a form of dismissal due to no fault of the employee, it is a process whereby the employer reviews its business needs in order to increase profits or limit losses, which leads to reducing its employees.
