A'bad sees highest retrenchment after Delhi, Mumbai: Study

It is not just metros but even the commercial capital of Gujarat is reeling under slowdown, if the retrenchment figures are anything to go by. After Mumbai and Delhi, retrenchment is believed to be highest in Ahmedabad, according to a recent survey titled 'Changing Expectations at Workplace' done by TeamLease Services Private Limited.

Of the total 350 respondents picked up by TeamLease, around 30 were from Ahmedabad. The survey respondents included both employees and HR personnel across the cities of Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune. Also, the employee respondents’ profile ranged between the age group 22–45 years across the departments of sales, marketing, business development, operations, finance, admin/HR and systems (IT). While 52 per cent of the respondents in Mumbai said they were retrenched due to slowdown, Delhi and Ahmedabad saw 43 per cent seconding it. Moreover, retrenchment was relatively higher in Sales, Marketing, Business Development and Operations domains. IT, Finance & HR/Admin provide a supportive function which is an enabler to business, hence the effect felt in these functions is relatively lower.