Lay-offs are back?

No i don't think so that recession is back. Reason of lay off is different than earlier. 

might b

I won't think we are at the stage of recession. Our economy is still growing at around 6.5% that is good as per world standard. The slow down are due to wrong policies and lack of strong decision making. What we need is to stimulate growth with right policy and decisions.

India as an economy is in transition period. For most of our companies, the exchange rate is the profit margin.  Stronger the rupee, lesser the profits for our companies.  This indicates too much of dependency.  Nobody can rule out the inter-dependency factor, at the same time too much of dependency is not correct for any economy.   Though as an economy we are doing good, lay-offs are becoming imminent because of this dependency.    

Nice topic Gargi :)) I feel we are going through tough times. Recession is on its way .. Euro crisis, political instability in most of the countries will lead to great depression again.

However, Lay-Offs i dont think so is happening at this point in time. Look at the global economy in FY2011-12 we have seen some growth ... Aisan Economy has recorded 6-7% growth ...

I believe there will be recession but companies may not lay off because every organization is very cautious about global economic senerio. :))

Have a nice weekend !!!!

There has been a lot of talk about recession building up from a lot of quarters. But if you really look at the market that was mainly because of the Dubai and Europe (Greece/France) situation. However, those situations are far more under control than probably six months back. Most cases, companies are using the environment to cut on flab and keep staff happy with a little lesser. Even the big guys are doing it. Nothing wrong with that from a management point of view. But I don't think that this will develop into a trend with individual companies. The shocking part is probably because there are too many companies doing it at the same time. However, I doubt if any company is doing it for more than a couple of months on a trot (unlike 2008). Kind of reminds you how pundits were predicting that the worse is still to come back in early 2009 but things actually got better. Anybody who keeps his/her eyes and ears open should be aware of the situation. Unfortunately, most don't and senior management take advantage. In rare cases they themselves believe it.

The other point to consider is that while lay-offs may have been happening there's too much hiring going on too. So it might be shown with enough data that companies are simply cutting out flab and staffing where they really want to grow in the next few years.