The global pandemic has not only wrought havoc on industries (F&B, O&G, travel and tourism) and upended our lives on an unprecedented scale, but quite possibly also forever transformed the way we work. Businesses battered by the coronavirus crisis, some to the brink of collapse, are more likely to undertake reorganisation in these trying times.

In this episode of “On Air with LHAG”, Lee Hishammuddin Allen & Gledhill partner and co-head of the Employment & Industrial Relations Practice, Lim Heng Seng, readily offers a valuable perspective on the measures that an employer may undertake ― however unpleasant the consequences ― in striking a delicate balance between sustaining the business and livelihoods. These include restructuring or reorganisation, re-designation and retrenchment (“always the worst-case scenario”).

The former chairman of the Industrial Court also explains the crippling effects on the economy this time around are different from those in earlier crises, namely the Asian financial crisis in 1997 and the global financial crisis of 2007/08.

Watch the podcast below: