Layoff Times

As if the failing economy and string of bank failures over the world were not enough, here is the real motivation to look for a suitable job. Yes, the companies all over are laying off, citing various reasons. These companies are large corporations and are widely known the world around. So, the impact of the layoffs would be far greater than just job loss for their employees. They will spread the doom message faster than wildfire.
Yahoo has led by example, a leaked memo guides the managers who are to lay off employees about the do's and dont's they must follow. And then there is Microsoft CEO Steve Ballmer, who says that he is laying off 5000 employees to increase efficiency and readjustment.
Contrast this with the layoff a few (21 to be precise) workers at Intercontinental Hotel at Mumbai. The hotel lobby was vandalised and rampaged as a protest by MNS (a political party in Maharashtra) members. Even though the hotel may not reinstate its employees, this sends a strong and ominous signal to the companies in India, that hope to cut cost and save their skin by laying off some of its employees.