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Sunday, November 23, 2008

Layoffs and How to…?

In the harsh season of layoff, I do wonder that how companies reacts to situation like these. When things are fine then company goes all way to recruit 000’s but when times like what we all are going through these companies just starts laying people off…yes again in 000’s. It is unfortunate and makes me wonders about the process or thoughts being followed at the time of hiring. I do not intend to entirely blame the companies for that, but as we all are aware, we could have never expected the financial turmoil that we all are in. However having opined that, I still believe that at least someone could have seen it coming and /or reacted to it, we could have been…… Not sure about the an answer for that.

So as of now Philips to lay off 1,600 employees – CNN IBN, Jet Airways cutting salaries, India textile to loose around 5,00,000 jobs. Some other layoffs are citi layoff, ibm layoff, citibank layoff, cadence layoff, dell layoff, symantec layoff, micron layoff, ubs layoff and others most notable IT layoffs of 2008.

But then there is something  to Survive a Layoff. It could be 10 tips to survive a layoff, financially or Ten Ways to Survive a Layoff. But when you ask How Do I Survive a Layoff, you need to know How To Survive A Layoff Or Downsizing.

The time is tough but we hope we tied over it , soon. Have a Happy & Smiling Week.

1 comments:

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