Retrenchment can happen to anyone at any time. The weakening Rand is certainly not making it easy for many companies.
Last year, one of South Africa's oldest steel manufacturers, ArcelorMittal South Africa (Amsa), announced that 400 employees at its Vereeniging Vaal Works will face retrenchment.
The author of "Retrenchment – a Coaching Handbook for Re-inventing yourself", Jennifer Ritchie on Wednesday spoke to CapeTalk’s Pippa Hudson about how to get through the stresses and the agony of being retrenched.
Ritchie believes that there is life after retrenchment and has dedicated her time to helping people find fulfillment in their lives.
What motivated me was my own awareness of the plight that people find themselves in when they get retrenched or lose their jobs.— Jennifer Ritchie, Author, career coach and trainer
Listen to the full conversation below: