Practice question
A company predicts a major imminent loss and considers retrenchment before the loss actually occurs. State whether anticipated loss may support retrenchment and identify the safeguards required by DO 147-15.
Legal references
- https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/10/71535 — DO 147-15, Rule I-A, sections 4(a), 5.3–5.5: authorized causes, proof, notice and separation pay.
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