The UAE face Sri Lanka in the semifinals of the Global qualifiers on Sunday. The winner of this match will qualify for this year's Women's T20 World Cup
The report by the global organisational consulting firm noted that given the government's extensive requests on avoiding laying-off employees, majority of the companies, around 84 per cent have not implemented or are not currently considering permanent staff layoff or redundancies.
Commenting on the survey, Roopank Chaudhary, Client Partner, Korn Ferry India said: "Given the current circumstances and uncertainties on the recovery for market conditions, business leaders are trying everything to survive this storm and manage their costs."
"Among the dozens of ways organisations are taking are layoffs, hiring freezes, reduced hours, less reliance on contractors, reducing overtime, delaying bonuses or merit increases, suspending certain benefits like retirement savings/capital accumulation programs, and many others", he said.
Managing the challenges of this global pandemic will require innovation and agility amidst unprecedented uncertainty and business leaders will need to balance between implementing short-term measures to address immediate impact and keeping a long-term view on future growth, Chaudhary added.
The UAE face Sri Lanka in the semifinals of the Global qualifiers on Sunday. The winner of this match will qualify for this year's Women's T20 World Cup
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