Hi all, I joined this PSU in lower management in 2005, when the company was making monstrous profits of over 3500 crores. However, at present, the company is facing losses in the thousands of crores. There are numerous ways to address this situation, but the government appears reluctant to intervene and rescue this wholly government-owned company in India from its troubles. The upper management of the PSU is dominated by so-called elite officers who seem to lack responsibility towards the organization. Even the non-management staff can see the issues, so why is the management ignoring their concerns? At times, it feels like this company is also heading in the direction of the XX spectrum. What should be done?
Thank you.
Thank you.