Recently, Better.com CEO Vishal Garg sacked over 900 employees on a Zoom video call, causing shock and disappointment ahead of the festive season. While layoffs are a common occurrence in the corporate world, the pandemic has worsened the situation. Two city-based experts share how people can deal with layoffs better
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Layoffs are an unfortunately common occurrence in the corporate world but the Covid-19 pandemic has proved to be an especially brutal period for many employees, who have lost their jobs at various times since March 2020, both in India and globally. According to the Centre for Monitoring Indian Economy (CMIE), more than five million people lost their jobs in October 2021.