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News
9mo
cleantonic
·
works at

Forced Layoffs at Paytm! Should startups prioritize growth over employee rights?🤔

One 97 Communications parent company of Paytm faces a labor ministry probe for alleged forced layoffs. Employees claim unfair termination practices.🤷‍♂️ Please share your views on this!
superbblackbird
9mo
Bro, I feel rapid growth is crucial for startups to establish themselves in a competitive market.
gloriousmalpua
9mo
An Ops Executive
My Thought is startups should find a balance between growth and employee well-being. This might involve more strategic hiring and exploring alternatives to layoffs, like furloughs.
brightstrawberry
8mo (edited)
It's high time, companies must balance growth with the ethical treatment of workers.
flawlessbhindi
8mo
works at
Hire only for what you need. Overhiring is the root cause - now this done to show strength and also to show "growing demand in the market" - both of which are really not helpful from an Opex PoV
friendlyalligator
8mo
works at
I worked startup for 2 years RSM, comparing both scenarios I feel that startups should have a strong back and Strong Vision of going ahead.
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1w (edited)
tranquilbee
·
works at
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1w
a software developer