[forum456]

Retrenchment is the preferred method for employers to make sharp short term cost reductions to regain a competitive edge. This mainstream practice to incur a one‐time cost to gain annual savings appears to be grounded in sound financial logic. However, forced lay-offs may actually cause companies to sustain higher longer term costs. Do you agree?

totally disagree.

in singapore, there is no law that employers must pay retrenchment benefits.
there is no cost involved by forced lay-off.