Tata Motors has cut up to 1,500 managerial jobs, while HDFC Bank let go of 4,581 people in one quarter. “Spend some time to introspect and figure out why you got laid off without getting into self-pity mode,” says Rateja. Is it okay to demand a hike in the new company after I have been laid off by my previous employer? “When it comes to getting a hike in salary in a new job after you were laid off from the previous one, it is not usually the norm. But try not to settle for less than what you were getting paid in your previous company,” says Agarwala.

Source: Mint July 02, 2017 10:07 UTC