Covid-19 pandemic has heckled the world and the people are struggling to adapt with the global health crisis. The ongoing lockdown has put a lot of strain in businesses across the globe. With mediocre profit or profit, companies are shutting down, implementing salary cuts or lay off during troubled times, which has left thousands of people jobless all over the world.
Recently, YOURSTORY conducted a webinar with Mr Ratan Tata, chairman of Tata Trusts and a renowned industrialist, urged businesses to show sensitivity to all stakeholders and not just shareholders.
The revered industrialist was sharing his view how business should respond or operate in the world post Coronavirus. Mr Tata mentioned about the layoff's and how Indians forgot to emphasize. He said,
The initial tendency when the virus hit (was) lay off people, thousands of people. Is that going to solve your problem? I don’t think it is, that’s the knee jerk reaction that you had from the traditional workplace, lay off people because the business is gone. But you have a responsibility to those people.
During the lockdown, we witnessed how the migrant labourers were forgotten. Thousands of labourers had to walk miles to reach home, some were left with no food and no option. They were left there to fight the pandemic on their own and they are ones without whom our luxurious apartments, our happiness is incomplete without their service. Mr Rata said,
That labour force which was huge, one day was just told, ‘there is no work for you, we don’t have a way of finding means for sending you home’. You are just there, you don’t have food to eat, you don’t have a place to stay. Not wishing to blame anybody but that was the traditional view, that view has changed now to ‘who are you to do that?’
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