Friday, April 26, 2024
Outlook.com
Outlook India
Outlook Business

Firing

As founders opt for a flatter organisational structure, prioritize profitability and focus on product initiatives, should staffers at start-ups be worried about their future?

The layoff comes as a surprise, as the company had raised over $60 million in the past 24 months and planned to expand with additional outlets

From simplifying recruitment to identifying potential employee issues and spotting talent gaps, start-ups are leveraging HR tech tools to efficiently manage their workforce challenges

After tech giants like Alphabet, Microsoft and Meta announced mass layoffs earlier this year, Dell has added to the growing list

The layoffs, which took place earlier this week, impacted employees across departments, including tech, sales, product and HRBP

Since March 2020, 1.25 lakh employees have been laid off by around 718 start-ups globally