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Startups begin outplacement of laid-off staff

India covid-19 outbreak
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Bengaluru: After laying off thousands of employees in the last few weeks, large startups have begun outplacement initiatives to help them find new jobs.

In May alone, startups, including Swiggy, Zomato, Lendingkart, Ola, Cure.fit, WeWork India, ShareChat, and Uber India among others, laid off employees.

Companies have now calibrated their recruitment staff to create outplacement cells, sharing resumes of employees across the hiring network, while holding one-on-one counselling sessions. “We have put together a five-member working team, which includes Cure.fit’s core team and senior managers, providing career counselling sessions on job openings and suggesting alternative career options for the affected employee base.

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