Here are some important points made by Ratan Tata on layoff:

Here are some important points made by Ratan Tata on layoff:

🔺Layoffs by Indian companies show a lack of empathy among the top leadership.

🔺It is impossible to survive as a company if one is not sensitive to its people.

🔺Whatever your reasons may be, you have to change in terms of what you consider fair or good or necessary in order to survive.

🔺Business is not only about making money. One has to do everything right and ethically for customers and stakeholders.

🔺Making mistakes is a part and parcel of business. The important thing is to do the right thing at every turn and not shy away from difficult decisions.

Read: https://lnkd.in/dstnsKpK

This statement was made by him when companies were laying off during COVID butt isn't this valid throughout?

So many companies are mercilessly laying off full-blown.