Living in India, there exists a stigma around hiring laid-off employees, a mindset that lacks the maturity to comprehend life's inevitable fluctuations. It's disheartening to observe this perspective, especially when considering the experiences of team members in the US, who faced a similar situation but managed to secure employment. This disparity in mindset may be one reason why individuals hesitate to return to India after experiencing the professional landscape in the US.
Indian recruiters & hiring managers need to come out & change mindset about laid off engineers & managers. This is truly killing the entire ecosystem.
For that recruiters need mind which they dont have. They want to hire employees by taking advantage of the situation and get juice out of that.
Mindset is the main reason why india is behind the US ecosystem.
Supply demand dynamics.
@XaangLe to add here - the overall corporate ecosystem is fairly mature in US vis-a-vis India. Also the talent in US is more assertive in terms of their choices/preferences.
If you apply the above two factors in India and add getting the best bang for your buck - you arrive at a situation where unless you the quality of your professional network is great - securing a job after a layoff becomes increasingly difficult as you climb the corporate ladder.
True
What's up with the HR-Tech folks? Anything cooking in this industry
Recruitment is a 200 yr+ old industry
Looking at so many layoffs at Google, Cloudflare and FAANG-type comoanies; that too in spite of having profitable quarters makes me think of FAANG is a curse instead of blessing? Anyone with similar thoughts?
I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way?
If it's really bad, which department you think is the most affecte...
It is really bad right now 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big ...
Instead of giving out the severance, they’re asking for resignation.
And what’s worst is if you don’t resign they won’t give you experience letter and full and final settlement.
If we look at layoff trends in India, then late stage IPO headed startups are doing it to boost profitability, or mid to early stage ones where they're trying to fit into a viable biz model. some mid sized MNCs also did layoffs where the...
