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प्रश्न
Retrenchment means that temporary removal of an employee from services due to economic reasons in an going concern.
लघु उत्तर
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उत्तर
Retrenchment means the permanent removal of an employee from service by an organization due to economic reasons such as cost reduction, redundancy, or business downsizing, even though the business is a going concern (still operational). It is not due to any fault of the employee and is generally carried out following proper legal procedures like notice and compensation.
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