Layoffs have come into the spotlight again recently, after e-commerce giant Lazada axed an undisclosed number of employees in Singapore at the start of the year. It has since apologised for not informing the relevant union about the retrenchment exercise in advance.
But have you ever wondered if there’s such a thing as responsible retrenchment, and how retrenchment exercises should be carried out?
On this episode of Morning Shot, Patrick Tay, Assistant Secretary-General of NTUC shares his insights.
Presented by: Audrey Siek & Ryan Huang
Produced and edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
Photo credits: pixabay & its talented community of contributors