Layoff Drive: Experts suggest proactive measures for companies to retain talent
1 year, 3 months ago

Layoff Drive: Experts suggest proactive measures for companies to retain talent

Live Mint  

Layoffs are rising across the world, especially in the tech industry. Tushar Dhawan, Partner, Plus91labs believes that it's crucial for corporations to adopt proactive measures in retaining talent during the challenging scenario of layoffs across the world. Nowadays, companies are using proactive techniques to retain employees and unpredictable times like layoffs, said Bhaskar Ganguli, Director of Marketing and Sales at Mass Software Solutions Pvt. Organizations create an atmosphere where employees feel valued and driven by cultivating an inclusive culture, honoring individual and collective achievements, and giving opportunities for innovation.” He asserted that digital technologies can improve operational efficiency while also allowing seamless remote communication, demonstrating an organization's agility. On the other hand, Dr. Rashi Gupta, Co-Founder and Chief Growth Officer of Rezo.ai said the company has always emphasized controlled and responsible hiring practices that align with actual business needs.

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