Advantages and disadvantages of retrenchment

Ismail, Fadillah and Chen, Chiaw Fen and Abdul Kadir, Adibah and Salim, Siti Aisyah and Chan, Shiau Wei and Ismail, Siti Norziah (2020) Advantages and disadvantages of retrenchment. In: Human resource management & psychology. Penerbit UTHM, pp. 1-10. ISBN 978-967-2916-23-9

Text Bab01.pdf Restricted to Registered users only Download (366kB) | Request a copy

Abstract

The stability of the job in a state or country usually depends on the condition of the economy in that country or state. Malaysia and many countries around the world have faced several economic downturns and recessions over the past year, this causes the slowdown of the economy and poor business conditions resulting in a slump in business due to the significant drop of the company’s profit. Companies that are suffering big losses may choose to restructure or reorganize their businesses to reduce the impact of poor business conditions. The wave of retrenchment usually hit the sectors of manufacturing, transportation, communication, commerce, and finance.

Item Type:	Book Section
Uncontrolled Keywords:	Personnel management; Psychology, Industrial; Organizational behavior; Government publications--Malaysia
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management > HD66-66.2 Work groups. Team work in industry. Quality circles
Divisions:	Faculty of Technology Management and Business > Department of Production and Operation Management
Depositing User:	Mrs. Siti Noraida Miskan
Date Deposited:	23 Nov 2021 07:13
Last Modified:	23 Nov 2021 07:13
URI:	http://eprints.uthm.edu.my/id/eprint/2587

Actions (login required)

View Item