Retrenchment: Understand the concept of retrenchment

Understand the concept of retrenchment in labour law. Learn about the legal framework governing employee termination, compensation, and procedural requirements for retrenchment in India. Companies often fail to consider the legal requirements to be carried out before retrenching their employees. Read everything about retrenchment. Understanding the differences between layoff and retrenchment to understand the basic concepts related to labour laws. The term Retrenchment in India means permanent termination of the employment of the employee by his employer.