The novel coronavirus has started taking a toll on businesses and jobs. The impact on the global economy is already being estimated as being far more severe than we saw during the global recession of 2008. By the looks of it, and as per industry experts we’re already amidst an unemployment crisis, which is expected…
Tag: firing employees
Why is laying off poor performers, “employee unfriendly” ?
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•I was reading a report on Economic Times, this morning (Infosys trimming up to 5,000 staff to scissor costs) and well i see the phrase – “employee unfriendly” being used for the company’s decision to trim up the organisation by letting go the poor performers. I wonder, why is it – “employee unfriendly”. It’s just…