My company is pressuring to resign with citing reason of company loss and manpower reduce
I work in a private company for last 4.5 Years and also obtained one promotion with yearly performance increment. The management has increased its manpower cost through hiring massive manpower across vertical and multilayered staff. The hiring process was on boom till january’20205. From February’2025 onwards, the management stated that they are facing huge loss and in the interest of company as well as investors, the company has planned to reduce manpower.
Accordingly, list was prepared and HODs was asked to reduce 30% cost of the respective vertical. As my reporting officer has recently joined (6 month back) as executive VP and is also close to the managing director has proposed my name and also informally hinted me to start searching for other alternative.
The company is offering options like – employee to given resign and may complete 3-month notice period with work from home; employee to give resign and may get immediate relieving with 3-month salary payouts.
The management is also selective in reducing manpower (protecting all those who are close to the Managing Director and also burden to the company as they are high paid VPs and Executive VP) which is apparently noticed by many staff but not dare to confront or question.
My negotiation points as mentioned below -
As I am close to complete 5 years to get gratuity entitlement, hence above optioned doesn’t suit me else I will lose my gratuity amount which is likely to be around 2.50 lakh. For me, I have to stay for next 2 months and the resign subjected to het alternate job offer so as to complete my notice period by 6th Oct’2025 to get gratuity benefits and also alternate jobs.
Request to suggest , If company force me to resign now, what are the possible points I should have to confront with the company to protect my benefits, securing alternate employment which I yet to convert and future carrier.
Asked 8 months ago in Labour