HUMAN RESOURCES MANAGEMENT
T
A NEW WORKPLACE ENVIRONMENT EMERGING
he lockdown following Covid-19 outbreak has compelled companies around the world to drastically change the ways of working and doing business and to adapt to new ways. Experts believe these changes will become the new normal. In April 2020, we saw FMCG major Hindustan Unilever (HUL) going ahead with its merger with Glaxo Smithkline (GSK). It took place entirely online, with everyone logging in, and the deal was done. Though many were sceptical that something as big as a merger could take place online, it all went smoothly. Covid-19 is forcing corporate India to reassess its priorities
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August 2020
N.Vijayagopalan
and reengineer its workplaces. It is widely believed that along with a lifting of the lockdown in a phased manner or otherwise, the coronavirus prompted enforcements such as working from home or a suspension of business activities will permanently change the face of workplace, not just in India, but also globally. Tackling the aspect of considerable redundancies would be a major issue confronting employers. Several IT and other companies, as well as start-ups, have begun to let go of people, and more layoffs are expected down the line. The fact is that for many companies, coming out of the Executive Knowledge Lines
