Legal Q&A: In order for a retrenchment scheme to be valid, what elements must be present or concur?

October 19, 2009

In order for a retrenchment scheme to be valid, all of the following elements under Article 283 of the Labor Code must concur or be present, to wit: (1)        That retrenchment is reasonably necessary and likely to prevent business losses which, if already incurred, are not merely de minimis, but substantial, serious, actual and real, or if only expected, […]

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