The ongoing coronavirus pandemic has crippled the world economy to the extent that many are estimating that this could spark a recession worse than the 2008 financial crisis. Many sectors of the economy like travel and airlines have come to a total standstill with the travel restrictions imposed by various governments globally. In an attempt…
Category: Insights
This section contains research based insights on themes around the talent ecosystem, about HR practices, workplaces, emerging trends in the talent space.
Indian startups and SMEs running out of cash due to coronavirus crisis
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•The coronavirus pandemic has not only affected human interaction but has brought the economy to a complete halt. The impact of the crisis can be seen taking a toll on several new-age startups and SMEs who have now resorted to cost-cutting measures. Companies like OYO, Swiggy, Meesho, Bounce, Udaan, and Paytm have either laid off…
How coronavirus will change workplaces post lockdown
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•The coronavirus pandemic has impacted normal worklife severely. The global economy came to a halt because of the pandemic and now every business and economist is waiting for it to be over as soon as possible. The decision of imposing nationwide lockdown by the government has now started to take a toll on the GDP.…
Furlough vs Layoff, the big difference
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•The coronavirus pandemic isn’t only affecting people’s health and safety. It is also impacting people’s livelihoods as the virus hits the economy. The pandemic has brought the global economy to a halt. With restrictions on movement, nationwide lockdowns, and closure of businesses, the flow of money has become really slow. The virus has not only…
Gurugram: How to resume business operations amid lockdown
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•The coronavirus pandemic has forced businesses and organisations to close campuses and halt all operations. It all started with the first phase of lockdown when Prime Minister Modi had asked for the cooperation of citizens to combat the virus. But due to the increase in cases and as a measure to prevent community transmission, the…
MHA issues advisory against usage of Zoom app, calls it “not safe”
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•As the novel coronavirus pandemic led to the world’s largest work-from-home experiment, video conferencing apps like Zoom and Google Meet saw a sudden rise in their user database. Organizations around the world are now moving ahead with their daily tasks via video conferencing through these apps. But their usage has also drawn severe criticism from…
Does working from home cause sleep deprivation?
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•The novel coronavirus has impacted all forms of life and has put everything on a halt for some time now. The pandemic has led to the world’s Work-From-Home experiment as organizations are now forced to shut offices to prevent transmission of the virus. Although one would like a work-from-home experience occasionally, the nationwide lockdowns have…
Coronavirus Impact: Travel industry becomes ground zero for job losses
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•The coronavirus pandemic has now started to impact the world economy to another level. The novel virus outbreak, which was once considered to be China’s “internal problem”, has now become a global headache. The World Health Organization has now termed the outbreak as “pandemic”, forcing governments to act on war footing to combat the disease…
Coronavirus crisis force hospitality startups to resort to job cuts
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•As the coronavirus pandemic continues to impact the lives of many people around the world in numerous ways, businesses that have seen their sales funnels and cash flows depleting are taking to strong measures to ensure that the survival and continuity of business. A good number of businesses directly or indirectly impacted are having to…
How to stay mentally healthy in times of a pandemic
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•The global coronavirus pandemic is in its full effect. Risk of catching the flu is on the rise more than ever, stock markets are at an all-time low, a global recession is knocking on the doors of the world economy and individuals are now confined to their homes. The lockdown imposed by governments around the…
VC firms extend their support to young business founders
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•The ongoing COVID-19 pandemic has become a major crisis for young business owners. With employees unable to attend offices, operations temporarily suspended and a government-imposed 21-day lockdown, everything for some time has come to a halt. The unprecedented health crisis is going to have a deep impact on every aspect of Indian society and the…
India Inc. pitching in towards the fight against Covid-19
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•Leading corporations and business leaders have announced their support to fight Covid-19 pandemic, and apart from their direct efforts, and work being done by their respective foundations or CSR initiatives, some of them have committed funds to the union and state governments relief funds. Most of these funds are expected to be directed towards putting…
Government employees give away their one-day salary to PM CARES Fund
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•As India entered the 6th day of its nationwide lockdown due to the coronavirus pandemic, the government has step-up its efforts to further prevent the virus from spreading rapidly and contain it as soon as possible. The novel coronavirus which originated from China has now entered India. The Ministry of Health and Family Welfare has…
How to stay focussed and dedicated while working from home
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•Work-from-home, remote working or telecommuting, whatever you may call it, but handling all your work-related tasks from the comfort of your couch is now becoming a normal thing and you won’t be judged for that. Due to the novel coronavirus pandemic, work-from-home is now the talk of the town. The coronavirus outbreak, which first originated…
Are we heading towards an unemployment crisis?
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•The ongoing coronavirus pandemic has forced the world to a standstill. Markets are closed, roads are empty, people are locked inside their houses and business is not as usual. The novel virus which first originated in China has now become a global headache. So far the virus has infected more than 470,000 cases and claimed…