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		Ask for help > Compulsory Redudancy     
			
		 Compulsory Redudancy 
		
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 derekwarrick
 
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							| Compulsory Redudancy 
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							| Hi, I �m teaching the book "New Insights into Business", and there �s this term called "Compulsory Redudancy which I can �t find the meaning anywhere. Does anyone know what this is? 
 
 Appreciate the help. 
 Thanks
 |  25 Feb 2011      
					
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 Zora
 
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							| Funny what a quick search on Google came up with: 
 Compulsory redundancy is the termination, by the employer, of an 
employee �s employment contract for reasons of downsizing the workforce, 
usually for the following reasons: a reduction in the business for which
 the employee was so employed; a reduction in the type of work for which
 the employee was so employed; a closure of the place of business where 
the employee was so employed; or a reduction at the place where the 
employee was so employed in the type of work for which the employee was 
so employed.
 
 
 
 |  25 Feb 2011     
					
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 Zora
 
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							| Not bad - just very pointed.   |  25 Feb 2011     
					
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