In the midst of the COVID-19 or Coronavirus pandemic which is still ongoing to this day, many companies have decided to lay off their employees. Of course, this is very unpopular with both parties. Both from the company and the employees. Many employees end up unemployed and the company inevitably chooses this decision because of the existing crisis conditions. There are several reasons for a warning letter or even a layoff that a company can give.

PHK is an acronym for Termination of Employment. When an employee gets laid off from the company where he works, it means that he has lost his job. Indeed, this decision brings further problems that could befall the company and also the employees. However, in the business cycle, there are decisions that are not good but still have to be taken. For more details, here are the reasons for layoffs that a company can give:

Committing Fraud

The first cause of termination of employment is committing fraud. When an employee decides to commit fraud in goods or money or any form, especially those related to company-owned materials that cause losses, then the company has the right to terminate the employment relationship. Whatever the reason for the employee, when the fraud is committed, there is no longer a Warning Letter. The company can immediately terminate the employment relationship to the employee concerned.

Committing a Crime

Not only committing fraud. When employees have committed a crime, or other serious mistakes, such as immoral acts or gambling, then the company has the right to give termination of employment (PHK). The crime committed must be in the work environment and can be threatened with a sentence of 5 years in prison or more.

Economic Crisis

The cause of layoffs can also come from economic factors, for example the current economic crisis due to the COVID-19 pandemic is one of the main reasons for layoffs. In fact, many companies have decided to lay off employees because of the economic crisis even though there is no pandemic. Maybe the company is losing money due to declining sales, the company's image is damaged in the eyes of the public, and so on. This is what finally makes the company have to make the decision to lay off employees.

No Need to Be Afraid

Actually, in facing a crisis like this, there is no need to be afraid if you have anticipated it beforehand. Maybe now you think you will be laid off in the future if there is no improvement in the existing economic conditions. In order to prepare yourself better, you should immediately make an investment.

Currently, there are several investment options available in the community. However, to get an investment that will not be disturbed even though there is an economic crisis, then you must choose forex investment. Yes, forex investment is a type of investment that will not be affected by existing economic conditions. Even if there is a pandemic like now, forex investment can still bring big profits to anyone who invests there.

For beginners in forex investment, you can get maximum help with the GICTrade application. As a trusted P2P forex trading, there are various advantages that you can get there. From the availability of demo accounts for beginners to initial capital of only IDR 2 million. Surely this capital is enough to bring you into the world of forex investment that offers great benefits.

So in order to avoid economic problems due to layoffs, immediately invest in forex with GIC Trade. We are always committed and have high integrity to provide the best service to those of you who want to invest in forex trading Indonesia.

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