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Is restructuring the same as retrenchment?

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Old 13-08-2020, 07:52 AM
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Default Is restructuring the same as retrenchment?

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

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Old 13-08-2020, 09:38 AM
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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.

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Old 28-08-2020, 10:49 AM
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= 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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