Amid layoffs in the technology and startups space, outplacement firms are booming. They assist companies in helping affected employees find new work and provide services like interview preparation, resume crafting, and offer negotiation.
Amid widespread layoffs in the technology and startups sectors, outplacement firms are experiencing a surge in demand as companies seek assistance in helping laid-off employees find new employment. Companies across various industries, including technology, IT, ecommerce, and BFSI, are engaging outplacement providers such as ABC Consultants, Persolkelly Consulting, Randstad RiseSmart, LHH, and Right Management to aid affected employees
IT companies and startups that have had to resort to layoffs are paying outplacement services firms ₹40,000 to ₹2 lakh per employee to ensure a smooth sendoff