Friday, March 6, 2009

Layoffs

Today I learnt that tomorrow there are going to be layoffs... the regions are going to be reduced to 6 regions and proportionately teams are going to be resized to much smaller teams... this is third company that i have been will go through the bloodbath... About a year back the company had some people promising them great future, bright salaries and a good job roles... while the latter 2 points are debatable... the first point is what the company would move away from...
There were rumors that there would be no layoffs... some realignment though, but no layoffs... but tomorrow all those would change... probably the company needs to realign its ambitious targets set a year back to a more realistic one now... but that would also mean more realistic costs and therefore more layoffs...
One thing I have realized, when the heads roll it is always from the bottom... but one more thing that comes out is layoffs don't happen on the basis of performance, rather it happens on the basis of LIFO and perception....
The sales head would have probably thought of getting more marketing dollars over more more FOS to increase sales... The HR head would have now revised his recruitment target to a comfortable one and think more in lines of his personal goals than the corporate ones.
But unfortunately the people who loose there jobs don't have those choices to reduce their EMIs or push back the child that was just born or break the marriage that has just happened... they would probably push back the dream they once had while joining the company of having a secure future or a dream home or a spouse....

No comments: