Retrenchments reached 3,220 in Q1 2020, higher than the 2,670 in Q4 2019. Even so, this is lower than the 12,760 seen in Q1 2009 at the height of the Global Financial Crisis.
Caption: 
Retrenchments reached 3,220 in Q1 2020, higher than the 2,670 in Q4 2019. Even so, this is lower than the 12,760 seen in Q1 2009 at the height of the Global Financial Crisis.