After a “year of efficiency”, a layoff of dozens, hundreds, or even thousands of workers is no longer news. In this economic climate, it seems only right for employees to protect and brace themselves for a potential layoff. This episode will give you an inside look into how companies strategise before executing a retrenchment exercise. We reveal company secrets to help YOU better prepare yourself should you be the next target of a lay off.

00:00 Introduction
03:06 What hurt the most during the retrenchment process
06:42 Why do tech companies seem to be conducting the most layoffs?
12:28 How should companies support their employees after the news?
16:01 Bad retrenchment announcement practices
18:42 Retrenchment contracts and clauses
23:43 What employees can do during the retrenchment exercise
28:53 Retrenchments: no longer just impacting older workers
30:50 Are all roles, including sales, at risk of retrenchment?
33:15 Singapore retrenchment benefits vs other countries
38:23 What rights do workers want during retrenchment?
40:28 Which sectors are most likely to undergo retrenchments moving forward?
42:42 What can workers do now to protect their jobs?

About the show:
Talking Point investigates a current issue or event, offering different perspectives to local stories and revealing how it all affects you.
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