Managing Retrenchment - Feelings & Tips
Managing Downtrend - ICFAI Press special edition
11 Pages Posted: 30 Jun 2009
Date Written: June 30, 2009
The Global financial crisis has leaded the world into downsizing of its various activities and the worst part of it was retrenchment of employees. Statistics says that about 30 Million people will loose their jobs in this year. So retrenchment has become a part of our life, so we should be ready to cope up with this and try to overcome it. This paper provides some tips to manage retrenchment.
Keywords: down trend, retrenchment, crisis, downsizing
JEL Classification: D23, J33
Suggested Citation: Suggested Citation