Pandemic & Layoffs: Is It A Good Time For Startup To Grow Business?

Pandemic & Layoffs: Is It A Good Time For Startup To Grow Business?

Big chance in the epidemic – If you want to get a job in startups, this news will make you happy!

Amid the rapidly spreading coronavirus pandemic across the country, many large companies are talking about layoffs and salary cuts. In this case, startup companies have a good chance to grow their business (COVID19).

Amid the rapidly spreading coronavirus pandemic across the country, many large companies are talking about layoffs and salary cuts. The big companies of the country are also showing the way out to their employees. In this case, startup companies have a good chance to grow their business (COVID19). Explain that there are many startup companies in the market at the moment where you can find good talented workers. On the other hand, the company is also expecting good growth.

Revealed in The Survey

According to MyHiringClub.com and Sarkari-Naukri.info Layoff Survey 2020, about 68 per cent of the companies in the country have either started layoffs or are planning to lay off their employees. Explain that this online survey has been done in 11 industry sectors of 25 cities. 1124 companies have been surveyed. About 8 out of 10 companies have laid-off employees. At the same time, the process of hiring has also been stopped.

Emphasize Online Shopping

Let me tell you, e-commerce companies have the highest growth in coronavirus. At present, everyone in the country is following social distressing and until there is no vaccine for this virus, people will insist on ordering online instead of going to malls, buying goods from shops, in such a scenario e-commerce companies are going to benefit a lot.

Also Given a Chance To New Talent

According to Naman Vijay, CEO of Click post, his company has created many new clients in this pandemic. In times of lockdown, e-commerce companies have won the trust of the people by providing essential items to their customers on time. Apart from this, in the time of COVID-19, we have also increased our headcount by 30 per cent. At the same time, we have given a chance to many new talents to work.

Good Growth in Education Technology

In addition, there has been good growth in education technology. Due to COVID-19, all the students’ schools and colleges are closed, due to which education technology has also benefited a lot. Students, as well as teachers of the school, have used this new technology.

Jobs Given To Many People

The Classplus Coaching Institute informed that the online classes running across the country have significantly increased educational technology. We have augmented our B team during the lockdown. According to the CEO and co-founder of Classplus, we took the lockdown as an opportunity. Our company has grown its team by looking for good talent. At the same time, Ed-tech is a good option for your better career.

There Has Been Good Growth in These Sectors

Many other ad-tech companies like Upgrad, Simplilearn, Udemy are planning to hire 3000 new people soon. Most of these companies are hiring at entry-level. E-commerce, Deep Tech, Education Tech, Health Tech, and Pharma are some of the sectors which have seen good growth even during the lockdown.

Leave a Reply

Your email address will not be published. Required fields are marked *