Build trust in face of lay-offs

Communicating with employees is the key to easing pain as downsizing cycle sweeps IT

Information technology (IT) major Wipro’s move to sack as many as 500 people following what it termed as a routine and annual performance review exercise has once again put the spotlight on the scourge of mass lay-offs. Asking an employee to go is never an easy task for an employer, after having promised a fulfilling career not so long ago.

Equally, being asked to go is not an easy experience for Indians as losing a job is still considered a taboo by the society at large. However, in today’s uncertain times with business exigencies, organisational restructuring or merger and acquisitions,