Yesterday, I experienced the worst ever effect of Pink Slips. Our company laid off 40 people from various departments. We tried our best but couldn't keep ourselves away from global slowdown. Fortunately, even during booming time, we never hired people like other companies hence the effect was small. But loosing job all of a sudden is not easy for anyone.
All of a sudden the company atmosphere changed from every day's joyful culture to a silent one. Fortunately, there was no layoff from my team. Being a Team Leader, I was encouraging my team members and other employees but at the same time there was a fear of loosing my own job as well. Fortunately nothing like that happened. I am still on Indiagames payroll.
In the evening I got a call from my sister, who recently joined Mastek after completing her engineering. Her company put 12% of their workforce on virtual bench. Virtual bench means an employee gets a full year leave and salary is reduced to 20%. My sister was part of that.
Thinking positively, I believe its a time for consolidation. One must evaluate himself. Consider this downturn as opportunity than problem and find your own path. In the booming time every idea is great, every one is genius. But as you can see now, most of them failed. One who can think of great idea in current time is great. hence believe on yourself, prove yourself and let others follow you.
Pink Slips
Tuesday, February 03, 2009 | Labels: Corporate, Finance, Social | 7 Comments
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