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Even IIT and IIM Graduates Cannot Escape Lay Off Danger!
By: Tupaki Desk | 13 Jan 2023 1:46 PM GMT
2022 was not a good time for employees across the globe across the fields as employers sacked them due to various reasons. The new year is also hinting that the employees might also not have a good time. Thousands of employees lost their jobs with employers looking at cost-cutting.
Not just the normal employees but even the two eyes of India Indian Institute of Management(IIM) and Indian Institute of Technology(IIT) graduates cannot escape this. The graduates of the two prestigious institutions are among the employees who received pink slips from their employers.
As per the media reports, Global investment bank Goldman Sachs decided to remove as much as 6.5 percent of the workforce. Thousands of employees were sacked from their jobs who work at various branches. At a meeting, the sad news was informed to the employees.
The employees who suffered a big shock took to social media to break the news and look for other opportunities. It is shocking to know that IITians and IIM graduates lost their jobs. Earlier everyone used to feel that getting a degree from the institutions would land them in dream jobs.
But the trend shows that even having degrees from prestigious institutions cannot assure job safety. However, the global economic conditions are not that great. The financial observers are predicting that the economical situation might see up and down and employers might go for layoffs.
When a global firm like Goldman Sachs can go for layoffs we can understand the situation. A few other companies like to take the same path and remove the employees as part of the cost-cutting.
Not just the normal employees but even the two eyes of India Indian Institute of Management(IIM) and Indian Institute of Technology(IIT) graduates cannot escape this. The graduates of the two prestigious institutions are among the employees who received pink slips from their employers.
As per the media reports, Global investment bank Goldman Sachs decided to remove as much as 6.5 percent of the workforce. Thousands of employees were sacked from their jobs who work at various branches. At a meeting, the sad news was informed to the employees.
The employees who suffered a big shock took to social media to break the news and look for other opportunities. It is shocking to know that IITians and IIM graduates lost their jobs. Earlier everyone used to feel that getting a degree from the institutions would land them in dream jobs.
But the trend shows that even having degrees from prestigious institutions cannot assure job safety. However, the global economic conditions are not that great. The financial observers are predicting that the economical situation might see up and down and employers might go for layoffs.
When a global firm like Goldman Sachs can go for layoffs we can understand the situation. A few other companies like to take the same path and remove the employees as part of the cost-cutting.
