Facebook Pixel IN THE FIRING LINE | Business Today India - business - Read this story on Magzter.com

Try GOLD - Free

IN THE FIRING LINE

Business Today India

|

December 25, 2022

THE BRUSQUE FIRING STYLE OF TECH FIRMS IN THE RECENT SPATE OF LAYOFFS HAS LEFT EMPLOYEES STUMPED. SOCIAL MEDIA SAVVINESS IS HELPING THEM GET BACK ON THEIR FEET

- VIDYA S

IN THE FIRING LINE

THERE'S NEVER A good way to fire someone. But there are terrible ways, apparently, if you go by how several companies are doing it in droves lately. Taking the cake, of course, is social media platform Twitter that was recently acquired by the world’s richest man, Elon Musk. Twitter’s employees found out if they still had a job based on whether they were able to access their systems; an email from the company on the official email meant you still had ajob and if the same reached you on your personal email, it was time to pack up!

Last December, Indian-origin CEO of mortgage company Better.com, Vishal Garg, fired 900 employees over a Zoom call. The video of him in the act—that went viral on social media—had him saying: If you’re on this call, you are part of the unlucky group that is being laid off. Your employment here is terminated effective immediately.” Ohio-based social marketing start-up HyperSocial’s CEO Braden Wallake posted a selfie of himself crying on LinkedIn in August after firing his employees. Days like today, I wish I was a business owner that was only money-driven and didn’t care about who he hurt along the way. But I’m not,” he posted, immediately facing a barrage of criticism. 

Closer home, a Chennai-based start-up reportedly laid off10 per cent ofits staff on a 15-minute Zoom call on November 2. According to an employee who was impacted, an email followed within 15 minutes, access to systems were revoked in less than an hour, a hurried exit interview was conducted soon after—that the person’s manager did not attend—and by the day’s end, the person was told not to come to office anymore. 

MORE STORIES FROM Business Today India

Business Today India

Business Today India

SMALL SAVINGS GOING STRONG

New investment choices like gold, crypto, stocks have gained much popularity in recent years. But small savings schemes continue to retain investors' interest with their steady returns

time to read

7 mins

May 10, 2026

Business Today India

Business Today India

CHASING RETURNS IN FY27

THE YEAR PROMISES TO BE AS UNCERTAIN AS THE PREVIOUS FINANCIAL YEAR. HERE'S HOW INVESTORS CAN MANAGE THEIR INVESTMENTS OVER THE NEXT FEW QUARTERS

time to read

6 mins

May 10, 2026

Business Today India

Business Today India

LUPIN'S ROAD TO RECOVERY

AFTER A FEW YEARS IN THE ROUGH, LUPIN MADE A STRONG COMEBACK IN FY25. THE MOMENTUM HAS CONTINUED INTO FY26. WILL THE RIDE CONTINUE?

time to read

12 mins

May 10, 2026

Business Today India

Business Today India

PRESENT TENSE

THE WAR IN WEST ASIA HAS THROWN UP FRESH CHALLENGES FOR THE ECONOMY AND INDIA INC. THE ALL-NEW BT-C FORE BUSINESS CONFIDENCE INDEX SHOWS THAT FIRMS ARE WORRIED ABOUT THE PRESENT AND UNCERTAIN ABOUT THE FUTURE

time to read

6 mins

May 10, 2026

Business Today India

Business Today India

CURBING VOLATILITY

THE RUPEE MAY HAVE RECOVERED FROM ITS RECORD LOW OF 95 TO THE DOLLAR, BUT EXPERTS CAUTION THAT THERE COULD BE MORE PAIN AHEAD

time to read

8 mins

May 10, 2026

Business Today India

Business Today India

BEST Management Advice

\"BE A CULTURAL CHAMELEON WITHOUT LOSING CORE VALUES\"

time to read

2 mins

May 10, 2026

Business Today India

Business Today India

TIME REIMAGINED

At Watches and Wonders 2026, heritage houses unveil timepieces that redefine precision, prestige, and pure desire

time to read

2 mins

May 10, 2026

Business Today India

Business Today India

"Biggest challenge for fertiliser sector is raw materials"

Arun Alagappan, Executive Chairman, Coromandel International, on why he sees opportunity in the fertiliser industry, despite import dependence

time to read

5 mins

May 10, 2026

Business Today India

Business Today India

REFUELING UDAN

THE FIRST PHASE OF UDAN GOT A MIXED RESPONSE AFTER THE END OF THE SUBSIDY PERIOD. WILL THE MODIFIED SCHEME HELP INDIAN AVIATION PERFORM TO ITS FULL POTENTIAL?

time to read

6 mins

May 10, 2026

Business Today India

Business Today India

INFRASTRUCTURE INVESTING MADE SIMPLE

INVITS ARE RIDING INDIA'S STRONG INFRASTRUCTURE PUSH, WITH AUM RISING SHARPLY. BUT RETAIL INVESTORS HOLD JUST 5% OF THE UNITS. IS THIS THE RIGHT TIME TO JUMP ON THE OPPORTUNITY?

time to read

7 mins

May 10, 2026

Translate

Share

-
+

Change font size