Early signs your company is retrenching

Francis Chan, an employment lawyer and executive director at Titanium Law Chambers, sheds light on the alarming signs of impending layoffs. He discusses early warning indicators like hiring freezes and cost-cutting measures that hint at financial trouble. The conversation emphasizes the psychological toll of retrenchment on employees and the need for open communication to cultivate trust. Chan also tackles the ethical implications of layoffs, offering advice on negotiating retrenchment packages and managing career transitions amid job insecurity.