>>the severance and extended benefits are far more generous than any layoff I've been through here in the states.
May be true in the US. In India its peanuts. In fact its more like alms.
>> I'm not sure why employees in struggling business units don't recognize that THEY'RE PART OF A BUSINESS.
If that was true, lay off's would be top bottom hitting the leadership positions first.
That rarely happens. Layoffs are just a way to immediately turn the revenue equation in the positive trend buy cutting costs. That works for the next 2 months or so. By the third month every one knows cheap tricks like that create no difference at all.
May be true in the US. In India its peanuts. In fact its more like alms.
>> I'm not sure why employees in struggling business units don't recognize that THEY'RE PART OF A BUSINESS.
If that was true, lay off's would be top bottom hitting the leadership positions first.
That rarely happens. Layoffs are just a way to immediately turn the revenue equation in the positive trend buy cutting costs. That works for the next 2 months or so. By the third month every one knows cheap tricks like that create no difference at all.