Hi Guys,
Saw a lot of perspectives here and must say that most of us do not agree with the Hire & Fire tendency!
I am also not in a favor of the same, however, I wold like to express that Hire & Hire is not just about playing with the employee's career. I am sure that most of the HRs would agree with me that we hire employees based on Manpower Plans, which inturn are based on projected income and projected business.
Due to the global disturbances, and a lot of political turn overs around the world, a lot of corporates are facing business losses and hence all the plans for projected income, gains and business at times go for a toss. They may not project their financials properly and hence may live in the shadow of good looking paper work (to attract share holders) and subsequently loose track of business.
I would say that it is at times not in the hands of the big corporate houses, they can't cope up with the employee cost's also. Therefore they have to ask some of them move out.
Saw a lot of perspectives here and must say that most of us do not agree with the Hire & Fire tendency!
I am also not in a favor of the same, however, I wold like to express that Hire & Hire is not just about playing with the employee's career. I am sure that most of the HRs would agree with me that we hire employees based on Manpower Plans, which inturn are based on projected income and projected business.
Due to the global disturbances, and a lot of political turn overs around the world, a lot of corporates are facing business losses and hence all the plans for projected income, gains and business at times go for a toss. They may not project their financials properly and hence may live in the shadow of good looking paper work (to attract share holders) and subsequently loose track of business.
I would say that it is at times not in the hands of the big corporate houses, they can't cope up with the employee cost's also. Therefore they have to ask some of them move out.