April 30, 2011
Under the current period of global economic recession when there is a decline in consumption and therefore a reduction in trade, many businesses are trying to find ways to survive. In Thailand, company management often considers the option of whether to temporarily cease business operations when faced with dire circumstances. This is because an employer, when dealing with a period of reduced purchase orders andor a decline in market consumption for its products, can legally apply this measure to save costs rather than close the business andor terminate employees.