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As layoffs intensify, Vedanta Chairman advises companies to take care of their employees



As the onslaught of cutbacks – especially in tech sector – continued unabated worldwide, Vedanta Group Chairman Anil Agarwal on Monday said companies should take care of their employees in tough and uncertain times.

Sharing his views on LinkedIn, Agarwal wrote: “If there is one advice I could give to our young people in business, it is this — at the heart of your business lies your most valuable asset, your people. Aap apne logon ka dhyaan rakhein, woh aapke business ka dhyaan rakhenge (Take care of your people, they will take care of your business),” Agarwal wrote.

Recalling the time when Vedanta first took over Hindustan Zinc Limited (HZL), he said, “In these uncertain times of global layoffs, I am reminded of a story that will always stay with me – one of hope, unity and the power of believing in people… when we first took over HZL, instead of focusing on machines, we chose to put our focus on people who made this company what it was.”

Hindustan Zinc Ltd, a Vedanta Group Company, is one of the world’s largest and India’s only integrated producer of Zinc-Lead and Silver.

The Vedanta chief further said that their motto was simple – respect people who have given you their time and effort and uphold their dignity.

“Humne unke concerns ko address kiya aur unki kadi mehnat ko reward bhi kiya (We addressed their concerns and duly rewarded their hard work). Team ke sath milkar (along with the team) we made our relationship with union leaders strong and focused on solving many of the old long-term issues together. We reached amazing milestones,” the Vedanta Chairman further said.

The company’s metal capacity went up by 5 times and revenue by 19 times, all this while building a strong workforce, Agarwal said in the LinkedIn post.

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