Layoffs during pandemic shows India Inc's lack of empathy: Ratan Tata



Tata Group patriarch Ratan Tata on Thursday said layoffs by Indian companies amid the Covid-19 pandemic was a knee-jerk reaction and show lack of empathy among the top leadership.

“These are the people that have worked for you. These are the people who have served you all their careers. You send them out to live in the rain. Is that your definition of ethics when you treat your labour force that way?” asked Tata in an interview to news website YourStory.

While Tata Group has not laid off any employee, several Indian companies have retrenched staff due to lack of cash flow after the nationwide lockdown. The Tata group, however, has cut salaries of its top management by up to 20 per cent. Several Tata Group companies, including its airlines, hotels, financial services, and auto business, are severely hit, but have not laid off employees to date.



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