“A Study on Massive Layoffs with Reference to E-Commerce Companies” – An Empirical Study
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Abstract
The study aims to explore the phenomenon of massive layoffs in an e-commerce company. The research including financial difficulties, market shifts, and organizational restructuring. It will investigate how the company communicated the layoffs to employees and stakeholders, provided support to affected employees, and managed the impact on its business operations.
It also considers the effects of layoffs on employees and the company, including the emotional and commercial effects for employees and the potential damage to company morale and reputation. To mitigate negative consequences, the study suggests that companies have to take a more holistic approach to restructuring, including providing financial support and retraining opportunities for affected employees and communicating transparently about the reasons for the layoffs and the company's plans moving forward. By understanding the factors that contribute to massive layoffs and the impact on employees and the company, e-commerce Companies can make more informed decisions about restructuring and manage the process in a way that minimizes negative consequences.