Social stigma, hostility, near-boycott - Indians who were studying abroad and came back home are facing all of this and then some. Local citizens are responding with various degrees of hostility to those with travel history.
Startups, though, are revising growth plans and consequently, hiring is mostly on hold. “Almost 50% of ongoing interviews, new requirements, onboardings have stopped for the last two weeks now, particularly in the IT sector,” said Kamal Karanth, cofounder of Xpheno, a staffing agency that focuses on hiring for tech services companies and startups.
Psychologists and therapists, who are mostly consulting through online chats as well as audio and video calls, say there has been a 20-30% surge in professionals seeking counselling and therapy online over the past two weeks. Many offline clinics, too, are switching to online therapy. As offline clinics shut in the wake of the outbreak, the online business is seeing an uptick.
Many organisations that use these coworking firms to house their staff have started asking for flexible packages, limited to a few hours of usage, as opposed to monthly and annual plans.
Among top unicorn firms, including Paytm, Ola, Uber, Byju’s, Swiggy, Dream11 and Rivigo, hiring talent is at a 50% salary hike while younger firms can't go beyond a 25% hike.
Firms cater to the needs of the workers who miss out on regular employee benefits as they are not full-time staff.
A number of startups are working on various innovative products for consumers.
Investors say peer to peer (P2P) cos will see inflow of capital, similar to what has been happening globally.
20% higher average order value, high repeat orders: How women sellers are becoming prominent in social commerce
Women sellers are stepping up to bridge the trust gap.
Teenagers, college-goers, housewives from small towns and cities are driving the bulk of demand for such services where a celebrity wishes you or loved one on important occasions, companies say.
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