It was particularly distressing news in some in media and the
followed by clarification of a technology company, on people
retrenchment. Many are waiting for cues from the leader and the action
from leader become an excuse to let loose trigger happy people managers.
What was more disappointing was that the company in midst of the
controversy is otherwise a most respected group. And this has given more
legitimacy for rest of the crowd to take sword. Today it is possible to
get an office boy and an IT professional at almost the same salary
level. Huge number of professionals is on the road looking for the jobs.
The biggest and the cheapest raw material that a country like India
has is Humanity. And all these ‘Human Waste’ expelled out from all these
‘respected’ companies is creating a different type of pollution.
We need to understand the reason for these announcements.
Historically market cheers to cost reductions. It is a regular
feature for the wall street companies to announce cost reductions when
the environment is challenging. Analysts focussed on profits always love
these announcements.
Only way to stop this from happening is to disincentivise this action
and reward the reverse of the same. Ie organisations need to be
rewarded for their ‘human matter’.
It is a high time that an independent agency does a rating of the
companies on their ‘Human Matter’, beyond those big sounding lines in
the front page of the websites.
And if general public who are the retail investors give a thumps down
to those stocks with less ‘Human Matter’, there the organisations will
become more respectful to the People.
We like to hear you at indussprouts@gmail.com
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