Question

Difference between lay off retrenchment and closure

Answer 1

$<marquee>HeYa ☺️</marquee>$

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★ The biggest difference between layoff and retrenchment is that layoff is volatile in nature, i.e. employees are recalled, once the period of layoff is over while retrenchment is non-volatile i.e. that involves full and final termination of services.

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$<marquee>(｡♥️‿♥️｡) MiSsDynaMiC</marquee>$

Answer 2

Answer:

Sameer here ✌️✌️✌️

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★ The biggest difference between layoff and retrenchment is that layoff is volatile in nature, i.e. employees are recalled, once the period of layoff is over while retrenchment is non-volatile i.e. that involves full and final termination of services.

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♥️♥️Radhe Radhe ji♥️♥️