Understand the concepts of layoff and retrenchment with this user-friendly video.

We begin by explaining layoff, breaking down the concept for easy understanding, and highlighting its reasons. Following that, we discuss the meaning of retrenchment and point out its reasons.

This video serves as your go-to guide to understanding the differences between layoff and retrenchment, clarifying when each term comes into play and the implications for employers and employees.

For a deeper dive into the subject, check out our detailed article: https://keydifferences.com/difference...

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