Cut in work shifts by companies during COVID-19 Second Wave is unlikely to lead to job cuts

Employers do not want to let go off quality and skilled workers because the cost of training and recruiting is a lengthy and costly process; lockdowns in different parts of the country are of a shorter duration and not as draconian as the national lockdown in 2020, say industry insiders.

As fresh coronavirus infections cross the 400,000-a-day mark, several companies have decided to cut down work shifts and reduce working hours.

This comes as several state governments have announced, and extended localised restrictions in view of the rapid surge in COVID-19 cases.

A year after the national lockdown of 2020, many state governments have imposed night curfews, weekend, or complete lockdowns to limit the movement of people as cases spiral out of control.

Source: Moneycontrol

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