Strategies to fight the downturn can be effective only if they are communicated well to the employees. Here’s how a few companies are doing it.
Employees as well as employers are struggling in this financial downturn—the employees to find jobs in a market where very few companies want to hire and employers to carry out layoffs as gently and painlessly as possible, and failing miserably. Saumya Bhattacharya reports.
And it can be quite fulfilling and productive if you do the following. The only assumption we have made in listing these options is that creditors are not after your blood.
Companies aren’t just laying off employees but have also become cautious with new hiring. The result? A steep fall in the quantity and quality of new offers on the campuses.
That is the range of estimated job losses among blue-collar and informal sector workers. Both the magnitude and the consequences are way higher than the white-collar layoffs.
India Inc. faces an internal acid test, as bosses and managers try to help GenX graduate from fairy tales to real life. Anand Adhikari writes.
Communication with stakeholders such as shareholders and suppliers pays when it is proactive, aimed at providing transparency and solutions.
Jagdish Khattar recounts his bumpy ride at Maruti’s wheel when BT asked some industry veterans like him to share how they survived severe crises in times of economic slowdown.
The fortnight’s burning question.
Is the government being realistic in claiming that GDP growth in 2009-10 will be higher than the current year’s forecast of 7.1 per cent?
Nicola Horlick, CEO of Bramdean Asset Management, spoke to Anamika Butalia on the economic crisis and how the East must learn from the mistakes of the West.
At 26, Roshini Vadehra is already one of the key figures in the art world. She knows her way around a Chinese menu, too.