It may seem so, but in a few cases I've seen colleagues threatened with retrenchment, asked to tender first, and then replaced with new colleagues.
I've wondered why the management just didn't fire them instead, but gave them the long story about retrenchment.
But on hindsight, it could be a way to save both the company and employee face, as if the company fires, then other employees may feel even more unhappy about this, compared to retrenchment where the company is seen as being subject to market forces, hence no choice but to let some people go.
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