The Role of Human Resource Management in Mitigating the Negative Effects of IT Layoffs

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Richa Sharma, Bhawna Garg, Yogesh Daudkhane, Agustinus Supriyanto, Anand Joshi, Vijay Pratap Raghuvanshi

Abstract

Due to variables including outsourcing, automation, and organisational restructuring, IT layoffs have become commonplace in today's fast-paced corporate world. The culture of the organisation, morale of employees, and long-term production are all negatively impacted by these layoffs, in addition to the people immediately impacted. Because of this, businesses must take proactive steps to lessen the impact of IT layoffs.Examining the difficulties of IT layoffs and offering solutions to their aftermath, this study demonstrates the critical role of HRM in this complex situation. In order to assist organisations minimise the negative effects of layoffs on both remaining and leaving workers, this study outlines critical HRM practices by drawing on current research, case studies, and empirical data.

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How to Cite
Richa Sharma, Bhawna Garg, Yogesh Daudkhane, Agustinus Supriyanto, Anand Joshi, Vijay Pratap Raghuvanshi. (2024). The Role of Human Resource Management in Mitigating the Negative Effects of IT Layoffs. European Economic Letters (EEL), 14(2), 1334–1339. https://doi.org/10.52783/eel.v14i2.1477
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