Industrial Relations After Recent Layoffs in Start-ups in India: Challenges, Implications, and Strategies

The growth of start-ups in India has been accompanied by a dynamic and rapidly evolving labor market. However, the nature of start-ups, characterized by high uncertainty and fierce competition, often leads to workforce downsizing, commonly known as layoffs. These layoffs have significant implications for industrial relations in the start-up sector. This research paper aims to explore the challenges, implications, and strategies associated with industrial relations after recent layoffs in start-ups in India. By analyzing the current landscape, and reviewing relevant literature, this paper provides insights into the post-layoff industrial relations scenario and offers recommendations for stakeholders involved. The recent wave of layoffs in the Indian start-up industry has brought to light the complex and ever-evolving dynamics of industrial relations in the country. The Indian start-up industry has seen a remarkable growth in the last decade, attracting both domestic and foreign investments. However, the industry has been plagued by numerous challenges such as unstable funding, hyper-competition, regulatory hurdles, and most recently, the COVID-19 pandemic. As a result, many start-ups have resorted to laying off employees as a measure to cut costs and sustain their operations. This paper aims to explore the industrial relations issues arising out of recent layoffs in Indian startups.

• layoffs
• restructuring
• stakeholders
• redeployment
• founders

• Dr. Neeraj Chaudhary, Assistant Professor, Institute of Business Studies, Ch. Charan Singh University, Meerut

Chaudhary(2023). Industrial Relations After Recent Layoffs in Start-ups in India: Challenges, Implications, and Strategies. Issue No. 1. Vol. 17 p. 57-65

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