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

Ravichandran, Krishnamurthy, Managing Retrenchment - Feelings & Tips (June 30, 2009). Managing Downtrend - ICFAI Press special edition, Available at SSRN:

Krishnamurthy Ravichandran (Contact Author)

King Saud University ( email )

PO Box 165
Riyadh 11451, AL KHARJ
Saudi Arabia
00966565123239 (Phone)

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