Wave of layoffs rocks India, the hardest-hit tech and media sector

TRIBUNPEKANBARU.COM – Threatens recession increasingly real, a number of large companies have started laying off workers (PHK).

The global recession will also be a big wave that can hit any country.

Recently a wave layoffs it hit India.

Thousands of young Indians face their future with uncertainty after a number of tech companies and startups were announced layoffs due to global challenges and funding crises.

But many refuse to remain silent about it.

In October, when Ravi (pseudonym) realized that he and some of his colleagues were in danger of losing their jobs at a major Indian edtech company, he immediately created a private messaging group with them.

The group quickly became a “safe space” for Ravi and his teammates to air their fears, share tips for confronting management, and discuss labor law and workers’ rights.

“It helped many team members negotiate a better exit policy with the company,” Ravi said.

The past few months have been difficult for Indian workers in private companies, especially in the technology sector.

Edtech Byju’s and Unacademy cut hundreds of jobs; Social media giant Twitter has laid off more than half of its staff in India and Indians are among those affected after Meta, Facebook’s parent company, cut around 13% of its 87,000 employees.

series layoffs sparked outrage on social media and many of those affected took to the internet, like their counterparts in other countries, to express their displeasure and form a network of supporters.

They tweet about unauthorized layoffs, apply for jobs on LinkedIn and use messaging platforms like WhatsApp and Slack to rally colleagues, advocate for themselves and share information with journalists.

This is partly because the culture of shame and silence that once existed around layoffs in India has gradually faded because of it. layoffs bulk is becoming more and more common.

And while the jury is still out on how effective social media is as a stimulus tool, experts say it helps unify and amplify voices, especially since unions are no longer so stronger than before.

While millions of Indian workers are still members of trade unions, the movement as a whole has weakened over the years.

A number of factors, including the growth of private sector jobs, further employment reforms and an increase in contract work, have played a role in weakening their membership and power.

“As employers make themselves more accessible, social media also provides a platform for employees to air their grievances, reducing the need for mediators, a role normally played by unions,” said Professor Chandrasekhar Sripada, Professor of Practice, Organizational Behavior, at the Indian Business School.

(Pekanbaru.com forum)

Jordan Carlson

"Zombie geek. Beer trailblazer. Avid bacon advocate. Extreme introvert. Unapologetic food evangelist. Internet lover. Twitter nerd."

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