Retrenchment

Mobile network operator Telkom has said it will begin a formal retrenchment process that will see it layoff as much as 15% of its workforce as it casts a sharp focus on cost savings initiatives.

Retrenchment by many distribution platforms has made for “highly turbulent times” in the documentary industry, the acknowledges, but with help from a major foundation it is injecting some much-needed positive news into a field beset by anxiety.

The headwinds to growth that would likely accompany fiscal retrenchment are a further source of reluctance.

These include retraining workers who face retrenchment, and developing supply chains that give opportunities to small, micro and medium enterprises.

When most South Africans leave a job due to retrenchment, termination, or resignation, they typically withdraw their retirement savings instead of transferring it to a new employer or putting it in a preservation fund.

Would you expect that magnitude of retrenchment in the first-half of fiscal '24 for our modeling?

A similar retrenchment has occurred with reforms in the Czech Republic.

But the resident rate of re-entry to the workforce after retrenchment dipped to 55 per cent from 59.4 per cent in the previous quarter.

The echoes of Davos Man still whisper, reminding them of the benefits of cooperation and the perils of retrenchment.

A former chief at the Public Service Commission inflated his retirement package by calculating it under retrenchment schemes which pay more.

As Jumia enables MSMEs and other businesses to thrive and run efficiently, Nigerians will be empowered to increase their buying power; workers will keep their jobs as opposed to retrenchment while new jobs will be created across value chains.

But when she received the retrenchment letter, she was despondent.

Companies are struggling to remain viable and have adopted a cocktail of measures which include retrenchment and sending workers on unpaid leave.

If they were to discount themselves into retrenchment and oblivion, I would suffer.

Impatience in executing military retrenchment, however, could become a damaging complication for a new administration that will be saddled with an extraordinary array of problems and damage left by its predecessor.

Retributive action in the form of retrenchment is more than a theoretical peril for ethical AI researchers, as Dr. Gebru’s firing demonstrates: Google fired her after she critiqued the harms and risks of large language models.

The bank will provide home ownership facilities including construction loans, equity releases and LARIBA mortgages, as well as insurance products such as mortgage protection, fire insurance and retrenchment cover.

The Central Bank of Nigeria, CBN, has ordered banks to stop any form of retrenchment of workers now.

The day I received my retrenchment notice, a friend forwarded me the advert for the position.

The fiscal retrenchment was done in a regressive way.