Restructuring Collective redundancies in Turkey: general principles Terminations can be an effective strategy for reducing costs, but failure to adhere to the necessary formalities can pose risks iStock.com/Marut Khobtakhob Image Maral Minasyan Partner, Kolcuoğlu Demirkan Koçaklı Image Burcu Çınar Associate, Kolcuoğlu Demirkan Koçaklı Tuesday 05 November 2024 As global inflation continues to rise, many businesses are facing the dual challenge of escalating costs and declining revenues. Get AccessContinue reading International Employment LawyerAlready have access? Login now Email Enter your email address. Password Enter the password that accompanies your email address. Reset your passwordLog in Need access? Find out how to enjoy unlimited accessGet access You might also like... LGBTQ+ “Concrete safeguards” needed to protect Turkey’s trans workers Unions Union-busting claims on the rise in Turkey Data Protection Turkish personal data protection law amendments: Implications for employers Health & Safety Turkish earthquake: navigating post-disaster employment law