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-   -   Is restructuring the same as retrenchment? (https://forums.salary.sg/income-jobs/12969-restructuring-same-retrenchment.html)

lawlee 13-08-2020 07:52 AM

Is restructuring the same as retrenchment?
 
My company announce they are in the midest of restructuring. Does it Also means retrenchment?

Unregistered 13-08-2020 09:38 AM

yes possible some people will be retrench, sometimes entire division will be let go... just be prepared and ensure you're in core business revenue generation. Also possible for benefits/salary to be cut.

Unregistered 28-08-2020 10:49 AM

= CEO Incompetence equivalent.... I am on EP and was restructured in Fullerton Health. This is after my pay is deducted 20% for 3 months and another 3 months. CEO is incompetent


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