1. Retrenchment of employees occurs as a result of termination of permanent employees due to redundancy, and early termination of term contract employees due to redundancy.
2. Data on retrenchment are useful in monitoring the impact of an economic downturn or restructuring on workers and in identifying industries which are re-structuring or ailing.
Latest quarterly data on retrenchment are available
here. Data with breakdown by broad occupational group and industry can be found in the Labour Market Report, also accessible via the previous link.