The start-up scenario in India has taken an ugly turn. As majority of the startups in India find it increasingly difficult to raise funds, they resort to downsizing their workforce. As a result, the soon to be ex-employees are left agonized. Organizations are clearly neither being mindful of the damage they are causing to the employees they plan to cut loose nor about their brand image. “Many companies have made it a part of their organizational process, but it is done at a small scale."Chaitali Mukherjee, Managing Principal - Leadership & Talent Consulting at Korn Ferry.... read more
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