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Retrenchment vs Layoff?
MBA Students » Career Resources


Chrm Message From: paresh.kamat Total Posts: 20 Join Date: 19/01/2009
Rank: Executive Post Date: 04/08/2016 07:25:10 Points: 100 Location: India

Dear all,

What is the difference between retrenchment and layoff?

Can someone in this forum explain?

Thank you,

Paresh 

Chrm Message From: jana venkata Total Posts: 14 Join Date: 19/01/2009  
Rank: Executive Post Date: 04/08/2016 07:26:50 Points: 70 Location: India

Hi Paresh,

Lay off is temporary, the employment status of the employee is not deemed terminated whereas retrenchment is permanent and its deemed to be terminated.

Hope it helps.

Jana 

 
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