Sentences with phrase «voluntary redundancies for»

The U.S. automaker shocked South Korea in February when it unveiled a major restructuring plan for its money - losing unit, which involved shuttering one of its four plants in the country and voluntary redundancies for 2,600 workers.

Not exact matches

With lower payments, fewer people will apply for voluntary redundancies, thereby leading to more compulsory redundancies, which are costlier.

Although, hats off to them for going with (what sounds like) voluntary redundancies over the coming weeks and months as oppose to kicking people out of the door willy - nilly.

voluntary or involuntary redundancy sabbatical long - term illness being fired career break to raise a family or care for a relative retraining being a school leaver or university graduate a prison sentence travel Resigning after making a poor career move.