Question

Which term refers to the permanent termination of employment due to economic or operational reasons?

A Retrenchment Correct Answer Incorrect Answer
B Lay-off Correct Answer Incorrect Answer
C Lockout Correct Answer Incorrect Answer
D Severance Correct Answer Incorrect Answer

Solution

Retrenchment involves the permanent termination of employment due to reasons such as downsizing, restructuring, or business closure.

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