Kolkata Part­ners Cut Off Man Power to Cover Loss

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The DQWeek (Kolkata) - - FRONT PAGE - JY­OTI BHA­GAT Kolkata Visit: www.dqweek.com for com­ments

This is a fact now that there is a slow­down in busi­ness af­ter last year’s de­mon­e­ti­za­tion and the re­cently held GST im­ple­men­ta­tion. The sit­u­a­tion is get­ting worst for the IT trade bod­ies in Kolkata. Dis­trib­u­tors are fac­ing the fi­nan­cial cri­sis con­tin­u­ously. To over­come th­ese loss chan­nel part­ners in Kolkata are do­ing cost cut­ting. They are re­duc­ing the no. of em­ploy­ees so that they can bal­ance the ra­tio of their bud­get.

Talk­ing to The D Q Week Ra­jen­dra Sek­saria of Balaji So­lu­tions says, ‘as we are run­ning be­hind in busi­ness due to th­ese new rules like de­mon­e­ti­za­tion and GST by the gov­ern­ment, we have to do cost cut­ting to sur­vive in the mar­ket. We are suf­fer­ing from last 2 years and now we have no op­tion left apart from re­duc­tion of our man power. ‘

Com­ment­ing on the same sit­u­a­tion R.K Bachana of Ari­hant Mer­canties says, ‘Now af­ter GST im­ple­men­ta­tion the same sit­u­a­tion in busi­ness has ar­rived again like ear­lier when it was de­mon­e­ti­za­tion. The slow­down is again both­er­ing the deal­ers.’

‘We don’t want to re­duce the no. of em­ploy­ees but we are in a bad sit­u­a­tion now so we are do­ing it to man­age our busi­ness in the mar­ket’ Bachana adds.

San­jay Cha­j­jer of Ad­vance Man­age­ment Sys­tem shares, ‘slow­down in cash flow has be­come the rou­tine of our busi­ness and the sit­u­a­tion is not let­ting us to come out of this cru­cial sce­nario. And yes to over­come from this sit­u­a­tion we are fir­ing our em­ploy­ees, so that we can save some of our money which we can in­vest in busi­nesses.’

Raj Ku­mar Baid of Baid Elec­tron­ics

Ra­jen­dra Sek­saria of Balaji So­lu­tions

CHEN­NAI DELHI

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