
Though I sympathise with those who have lost their jobs, they need to know, they have not lost their livelihoods. The layoff phenomenon is not new and will become a commonly normalized practice in the coming years.
An employee should neither jump when hired by a brand nor lose hope when exited. You need to learn the skill of staying balanced.
Those experienced folks, who might have worked 60 hours a week to develop risk mitigation plans, high-level strategy road maps or project mapping resourcing for your estranged company, you should have at least applied that knowledge in your life.
In spite of all the Cries, if you look at those companies' stock performance at NYSE or BSE, their value has only moved upward after retrenchment. Meaning among the 3 efficiencies of the business resources 1. Men (Women), 2. Material, and 3. Money. They (Owners) have now favoured their vesting power on Money.
For all those people who have raised their voices on layoff, remember this one basic economics lesson 101 of Value creation. For example, your friend has been laid off and your wife holds decent value stock in that company which laid off your friend. Here comes the classic irony, on one hand, your wife has become richer by making your friend poorer (figuratively).
So when you enter the work arena. You should have answers for the following;
1. Why are you working?
2. Why do you need the salary?
3. What if you lose your job?
Organizations have to keep juggling their focus from one M to another to survive.
You need to replace Emotions with Economics, then you will stop swaying and see the Truth written on the wall.
When I write this, I show my professional respect for those humble and principled organizations that lay their value on the loyalty of their employees. I have seen and been in those leadership positions by opting to take a salary cut than pushing the button to lay off employees even during the most trying times.
Always remember - Seasons Change.
photo: master1305
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