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A Tale of Two Woes

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A Tale of Two Woes

istockphoto.com/frankpeters

26 August 2020

By Mainak Maheshwari

“It was the best of times, it was the worst of times.....it was the epoch of belief, it was the epoch of incredulity”The famous opening lines from Charles Dickens’ timeless classic ‘A Tale of Two Cities’ captures a time of controversies and chaos - exactly the times we are living in now! Companies are caught in a constant state of conflict between survival and the two woes - cutting salaries or worse, laying people off.

A survey reveals that it will take over a year to achieve economic normalcy after the lockdown ends, foreseeing a delay in revival and demand recovery. This indicates that words like ‘salary-cuts, and ‘lay-offs’ are going to appear more frequently in organizational tales.

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