Under the epidemic, how do you view the layoffs and salary reductions of many companies?

The first type of stress is forced. The purpose of layoffs and salary cuts is to survive and not let the company go bankrupt. This type of company should be the type most affected by the epidemic this year, and is located in the fields of foreign trade, culture and entertainment, tourism, etc. The basic characteristics are that there may be no income for several months or even half a year, and the cash flow reserve is insufficient or depleted. If there are no layoffs and salary cuts, the company may go bankrupt. In order to protect themselves, they had no choice but to lay off employees and reduce wages. This kind of company cannot be criticized harshly. If we can shoulder it together, we can shoulder it together.

The second type is preventive and prepares in advance. Looking at this situation, people are laying off employees and reducing wages, and I may encounter difficulties in the future, so I take advantage of the opportunity to lay off employees and reduce wages to prevent future crises. This kind of company's business has not been particularly affected this year, and it has not gone so far as to lay off employees and reduce wages. However, they have laid off employees and reduced wages as much as possible to adjust the company's business plan, reduce costs, and reserve food for the winter in advance. This is reasonable to a certain extent for the company, but may be difficult for employees to understand and accept. The company is obviously doing well, so why do we need to lay off employees and cut wages?

The third type is malicious and takes advantage of the opportunity to make a fortune. Taking advantage of the impact of the epidemic, we deliberately laid off employees and cut wages. Such companies themselves have not been significantly affected by the epidemic. But for such companies, the epidemic is like an aphrodisiac that has excited them, finding a long-awaited way to reduce costs. As a result, layoffs began, and the salaries of those who remained were significantly reduced. This is the face of naked capitalists who eat people without spitting out their bones. They do not consider the survival pressure of employees, just to make a fortune from the epidemic, to minimize labor costs and leave more profits. This kind of company has no conscience and no sense of responsibility to its employees. I hope it will go out of business soon.

If your company has laid off employees or cut salaries, be sure to keep your eyes open and see the real reasons. This is also the best time for you to see a company clearly. There is no need to carry it with unscrupulous companies, just protect yourself.