Global restructuring decisions may be made centrally, but their employment consequences are assessed under the laws of each jurisdiction.
In an article published by the International Bar Association, Rashel Ann Pomoy and Celina Abueg discuss the legal challenges multinational corporations face when implementing workforce reductions across borders.
Rashel and Celina highlight the importance of considering local requirements from the outset of the restructuring process. In the Philippines, terminations based on redundancy or retrenchment must be supported by a genuine business justification, good faith, fair and reasonable selection criteria, and substantial evidence.