Pay cuts, layoffs: Startup morale under lockdown Over the past 4 weeks, at least two dozen top companies have fired employees and contract staff. Read more about Indian IT firms unlikely to lay off employees amid coronavirus lockdown on Business Standard. The lockdown across the world is expected to have a cascading effect on jobs.

Cab aggregator Ola on Wednesday became the latest company to lay off employees, as the nationwide lockdown to curb the spread of coronavirus has significantly reduced its … ... without any deduction for the period their establishments are under closure during the lock down. “The labour department has issued a circular directing the private sector employers to abstain from layoffs or unpaid leaves during this countrywide lockdown.

Companies will […] Your employees warrant your care and attention during a layoff situation. The severity of the axing is still to be estimated, but layoffs will happen.
Though most companies are tight-lipped on layoffs to avoid any controversy at the moment, the economic slump will force businesses to squeeze their team strength. In common law, an employer could lay off employees without payment of wages. For our workers who have never worked from home, social isolation is deeply felt. With high employee utilisation level and low bench strength, Indian IT companies are in a better position to absorb the adverse impact on cost for now When an employer lays off employees, the employees deserve to receive the termination information in a termination letter.Use this sample layoff termination letter as a model to craft your own letters. Encourage and Host Virtual Social Time “To keep our employees motivated, we are encouraging and hosting virtual social time. New Delhi: In view of the large number of lay offs and salary cuts announced by several media organisations, the National Alliance of Journalists (NAJ) and Delhi Union of Journalists (DUJ… We’ve found that this is key to recreating that ‘Friday feeling’ during lockdown.” - Nushy Rose, Managing Editor at Parlia. To remedy such a situation, provisions were introduced in the Industrial Disputes Act, for payment of compensation in the event of a lay-off.