IN THE FIRING LINE
Business Today India|December 25, 2022
THE BRUSQUE FIRING STYLE OF TECH FIRMS IN THE RECENT SPATE OF LAYOFFS HAS LEFT EMPLOYEES STUMPED. SOCIAL MEDIA SAVVINESS IS HELPING THEM GET BACK ON THEIR FEET
VIDYA S
IN THE FIRING LINE

THERE'S NEVER A good way to fire someone. But there are terrible ways, apparently, if you go by how several companies are doing it in droves lately. Taking the cake, of course, is social media platform Twitter that was recently acquired by the world’s richest man, Elon Musk. Twitter’s employees found out if they still had a job based on whether they were able to access their systems; an email from the company on the official email meant you still had ajob and if the same reached you on your personal email, it was time to pack up!

Last December, Indian-origin CEO of mortgage company Better.com, Vishal Garg, fired 900 employees over a Zoom call. The video of him in the act—that went viral on social media—had him saying: If you’re on this call, you are part of the unlucky group that is being laid off. Your employment here is terminated effective immediately.” Ohio-based social marketing start-up HyperSocial’s CEO Braden Wallake posted a selfie of himself crying on LinkedIn in August after firing his employees. Days like today, I wish I was a business owner that was only money-driven and didn’t care about who he hurt along the way. But I’m not,” he posted, immediately facing a barrage of criticism. 

Closer home, a Chennai-based start-up reportedly laid off10 per cent ofits staff on a 15-minute Zoom call on November 2. According to an employee who was impacted, an email followed within 15 minutes, access to systems were revoked in less than an hour, a hurried exit interview was conducted soon after—that the person’s manager did not attend—and by the day’s end, the person was told not to come to office anymore. 

Diese Geschichte stammt aus der December 25, 2022-Ausgabe von Business Today India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 25, 2022-Ausgabe von Business Today India.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS TODAY INDIAAlle anzeigen
"IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"
Business Today India

"IF ANYONE WANTS TO INVEST, COME TO HYDERABAD"

Telangana CM Revanth Reddy's global ambitions, AI, green energy, and how Hyderabad is positioning itself as a premier business and innovation hub

time-read
2 Minuten  |
February 16, 2025
Where Food Meets Magic
Business Today India

Where Food Meets Magic

THE FOOD AT THE ROCA BROTHERS' RESTAURANT IN GIRONA TRANSCENDS THE ORDINARY TO BECOME PURE MAGIC

time-read
4 Minuten  |
February 16, 2025
"INDIA SHOULD CONSIDER LAND POOLING MODEL"
Business Today India

"INDIA SHOULD CONSIDER LAND POOLING MODEL"

Andhra Pradesh (AP) minister Nara Lokesh talks about what governments can learn from the state about overcoming the land availability challenge

time-read
1 min  |
February 16, 2025
Breaking Barriers: The Extraordinary Journey of Pulkit Prakash
Business Today India

Breaking Barriers: The Extraordinary Journey of Pulkit Prakash

In an era where success often seems predetermined by privilege, Pulkit Prakash's journey from modest beginnings to legal eminence challenges conventional narratives. His remarkable transformation into the founding partner of Niti Bodh, a prestigious law firm, demonstrates how unwavering determination can reshape destinies.

time-read
2 Minuten  |
February 16, 2025
"Keep the company's imperatives in mind first"
Business Today India

"Keep the company's imperatives in mind first"

Westlife Foodworld Limited is a fast food restaurant holding company

time-read
1 min  |
February 16, 2025
Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra
Business Today India

Beyond the Scalpel: How Dr. Unmesh Takalkar Revolutionized Healthcare in Central Maharashtra

In an era where medical excellence often leads to overseas opportunities, one doctor chose a different path - transforming his homeland's healthcare landscape instead of seeking personal fortune abroad. Dr. Unmesh Vidyadhar Takalkar's journey from a bright medical student to a pioneering healthcare visionary in Marathwada stands as a testament to the power of purpose-driven leadership.

time-read
2 Minuten  |
February 16, 2025
"Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"
Business Today India

"Fils WILL MAKE A COMEBACK, MAYBE THIS YEAR"

Veteran investor Madhusudan Kela, Founder of MK Ventures, on Union Budget 2025-26, the future trajectory of the market, the Indian economy and more

time-read
7 Minuten  |
February 16, 2025
"TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"
Business Today India

"TAX CUT TO PUT MONEY INTO PEOPLES' HANDS"

Tuhin Kanta Pandey, Finance and Revenue Secretary, and Arunish Chawla, Secretary of DIPAM, explain the macro philosophy of the Budget

time-read
2 Minuten  |
February 16, 2025
A BONANZA FOR THE MIDDLE CLASS
Business Today India

A BONANZA FOR THE MIDDLE CLASS

THE GOVERNMENT INCREASED THE TAX EXEMPTION LIMIT TO 12 LAKH AND REVISED RATES LOWER UNDER THE NEW TAX REGIME IN THE BUDGET FOR FY26. WITH A NEW INCOME TAX BILL ON THE WAY, WHAT DO THE MEASURES MEAN FOR TAXPAYERS?

time-read
6 Minuten  |
February 16, 2025
Expect Private Investment Cycle To Pick Up
Business Today India

Expect Private Investment Cycle To Pick Up

The government's budgetary strategy focusses on modification and moderation, a fine balance between the long term and the short term

time-read
3 Minuten  |
February 16, 2025