Thank you Vineeth, Kiran, Archna, Praveen, Sujeet, cgnanij, Jaya, Simta, and Amit.
With your wishes and blessings, I'm happy to announce that the number has been increased to 19.
Dear Amit,
When a huge lay off like this happens, there will be a great amount of insecurity among the associates and impact on the organization. If the management is proactive then we can avoid the adverse effect.
Imagine if we do this in phase by phase manner then the fear of insecurity will increase tremendously. Productivity will decrease, associates will fear whether his/her name will be the next? We even thought of giving it to one after another instead of announcing and giving it to all at a time. We called all the 32 associates, our CEO and President who came from US announced this sad news, explained CLEARLY why it all happened. They (we are also part of it) answered their queries. This all happened in the morning.
As planned in advance, we had a meeting with the rest of our team in the afternoon. Trust me as the news spread, the fear of insecurity raised among the associates. They have come-up with different queries. The top of all, will there be any second list?
We’ve people with vast experience---Sr.VP-- 23yrs, VP-- 21yrs, Director (HR)—25 yrs. We all prepared on how to face the team. How best we can eliminate that fear in them? If we fail here that’s it.
The management team showed the road map for the years to come, how many projects, how much revenue we’ve generated and how much we are expecting through new projects, and why they have taken such a drastic decision and our plans to protect the existing employees.
We’ve never been in this situation before.
Cheers
Subhash