Retrenchment and job security in courier companies: the case of Posta Uganda

Abstract

This article examines the influence of retrenchment on job security within courier companies in Uganda, specifically focusing on the extent to which workforce reduction impacts employees' perceptions of job security. Utilizing a cross-sectional survey design, the research gathered data from 76 respondents, of whom 68 participated, through a combination of purposive, simple random, and convenience sampling methods. Quantitative and qualitative approaches were employed, with data analysis performed using SPSS and multivariate regression analysis. The findings revealed a significant correlation coefficient of 0.722** between workforce reduction and job security, indicating a strong relationship. Furthermore, regression analysis identified workforce reduction as the most significant predictor of job security, with a Beta value of 0.513. These results underscore the critical implications of workforce reduction on employees' job security perceptions in the courier industry.