Ethics have nothing do with IT business. It is all about future outlook for the company, growth, profits, losses etc. Some employees are let go if they cannot be allocated to running projects in any role, when new projects are not easily found, when the employees have run out of their time and are unable to find any work in the company, and the company cannot keep them on their payroll indefinitely etc. Of course, at the time of firing, the fired employee can argue that the layoff is unethical, that is a different thing.
IT like any other business is run as a business but with a lot of leeway, runway in your parlance, with the kind of cash they have, the broad reach the sector has, and a work environment, a culture which may change from company to company, a particular mindset that employees have, all when combined shows a relative resilience to other sectors, but paradoxically is one of the first to be affected too.
Not from IT, have some positions in the sector.
Subscribe To Our Free Newsletter |