“I was laid off last month. I did not get advance notice about it. I was issued the pink slip on the same day, and I was told that I need not serve my notice period. The HR called me along with my team manager and asked me if I knew about the market scenario and how companies are laying off people, including managers, and finally, they broke the news to me and terminated me from service,” says Om Prakash, an ex-employee of Amazon.
Om Prakash served as a Customer Executive with the firm, and he is one among many employees who the company laid off. Amazon has embarked on a long cycle of layoffs. But what has perplexed most employees is how the pink slips are being handed out. Companies like Google and Amazon are planning massive layoffs in 2023. If reports are to be believed, Amazon is expected to lay off at least 20,000 employees to streamline its costs.
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The Probe spoke to many laid-off employees of Oyo. The sheer indifference to workers’ concerns during the laying off process is baffling, say employees. “I understand that it is the company’s prerogative to lay off its employees for various reasons. But it cannot be done ruthlessly. Most of the employees are being laid off all of a sudden without any notice. We were told about the decision after 12 pm. We didn’t even get a day’s notice. We have not been given a severance package. That came in as a shocker. If I talk about engineers specifically, they were at least given a hint of it. But for us, the news came all of a sudden. Out of nowhere,” says Pradeep Kumar (name changed), an ex-Manager with Oyo.
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In a statement, Oyo said that it was trying to help as many employees as it could in outplacement. Dipankar Mishra (name changed), another laid-off employee from the firm, says: “In August when they laid off people, we heard from our colleagues that cost optimisation was going on, and that was the reason for the job cuts. So, we were taken aback when they again started laying off people without any prior intimation. I am personally very disappointed with the organisation because I feel that they could have handled it better. I got a call from a senior team member, and I was told about the current market scenario and how Oyo was also going to cut costs and then I was asked to put in my papers. They didn’t fire me directly. They asked me to put in my papers so that it doesn’t show on my employment papers that I was fired.”
Reminiscing about her last working day, she recounts: “It was a fine day, and we were working on our daily KRAs, and then we got to know from Twitter that our boss mentioned that there could be some team cuts. And then the emails started pouring in. We were all in a state of shock.”
Like many other laid-off employees across sectors, Shalini too says she was laid off despite her excellent performance. “I had gotten many nominations and rewards in the past. So, I did not particularly expect to be on the list. It was a sudden shocker for me. I really feel that the company should have given us prior notice and prepared us for this uncertain future.”
The ed-tech firm Unacademy along with its peers in the industry like Byju’s, Vedantu and the like, have terminated the services of thousands of employees in the recent past. On the other hand, Bangalore-based health tech and fitness startup HealthifyMe too, has issued pink slips to its employees.
Speaking on the condition of anonymity, Geeta Arora (name changed), who was in charge of talent acquisition and recruitment at HealthifyMe, says, “It happened all of a sudden. I was very happy with the company. Before I got laid off, the company had frozen its major hiring processes. When I joined in September, they used to hire rigorously, but by November, they froze all of the hiring processes, and then the firings began”.
Companies like Google have already put in place systems to identify poor performers. The company is expected to lay off a part of its workforce in 2023. Speaking to The Probe, Human Development Economist Santosh Mehrotra says the 2023 scenario is only going to go from bad to worse.