Saturday, April 11, 2009

Layoffs -----





Layoff is a temporary suspension or permanent termination of an employee from the organization. Layoffs have become a everyday headline. it has raised its ugly head throughout the length and breadth of the country. what would one do in this scenario? the rise in layoffs are increasing just like density of population. its prevailing in every business areas such as IT, ITES, finance, marketing, Human resource and other allied fields. it has reached all the corners of the country. this has caused the serious threat among the workers by contemplating whether tommorrow will be the last working day.
many evils have come from this phenomenon such as suicides , murders etc. the rage which people are going through is not commendable. killing people along with their own families are taking rounds in developed countries as against third world countries. global slowdown has affected people so much that taking weapons in hands has become as against languishing in poverty.
above said are the ill-effects which humans face in respect to unemployment due to recession.what about the companies viewpoints...they require enough resources to carry on the operations effectively.In order to increase the productivity and also to sustain in the market, they are decreasing their manpower or human resources.this is correct from company's point of view.if the company is facing trouble in mobilising the capital and funds, how will it guarantee salaries and other incentives to the employees.this give rise to unemployment.here gaining good amount of market share has taken secondary position as against surviving in the market.
people has to understand the situation and if possible go for counselling in order to have a positive outlook towards future. this is not the end of life. In the meantime people could take many social responsiblities like joining in NGO's , taking many classes in regards to music, fine arts , sports and other cultural activities which they would have missed in their daily busy schedule.they should think it as a good opputunity to learn and divert their attention to other activities in the life.

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