Firms with over 100 employees can’t conduct layoffs without govt nod: Labour Minister
Image Credit: auto.economic times
Amidst a spate of layoffs in the country, Union Labour Minister Bhupender Yadav has said that retrenchments would be deemed illegal if they are not carried out according to the Industrial Disputes Act. “Further, any retrenchment and layoff are deemed to be illegal which is not carried out as per the provisions of (the) ID Act.