Business Standard

Sunday, December 22, 2024 | 11:40 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Letter to BS: Good sign that firms think about employees before layoffs

Layoffs should be well thought out as it could affect the morale of the employee

layoffs, job loss, lay-offs, unemployment
Premium

Representative Image

Business Standard
This refers to Shubhomoy Sikdar’s report “Separation without tears” (September 19). As the frequency and the number of employees affected by layoffs increase, it is a good sign that Indian companies are adopting a structured and humane approach to the issue. Three concerns are critical. First, layoffs, particularly when a large number of employees are involved, should not come as a surprise. A company-wide awareness programme is the first step in which the company must explain why the move had become necessary and also what the company did do to try and prevent layoffs.

Second, there should be a well-thought out

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in