NTUC is working with companies to preserve jobs by first exploring all cost-cutting options
NTUC reiterates that retrenchments should be the last resort for companies.
When retrenchment is unavoidable.
Companies must ensure fair treatment for workers who are affected by retrenchment.
NTUC’s Job Security Council and Employment and Employability Institute will do their best to match affected workers to jobs and ensure they receive training as needed for them to take on new jobs.