OkCredit CEO Harsh Pokharna Calls for Humane Layoffs in Tech Industry

In an evolving corporate world, layoff strategies have become a pivotal discussion point, especially when contrasting humane and inhumane practices. The discourse is profoundly influenced by individuals like Harsh Pokharna, CEO of OkCredit, who openly criticizes companies for their inconsiderate layoff methods. His remarks, shared on platforms like LinkedIn, highlight the necessity for empathy in the workforce, especially for those organizations that previously labeled their employees as "family" . This introduction to the layoff discourse underscores the vital importance of leadership accountability and compassionate approaches when downsizing is inevitable.

Harsh Pokharna's insights into corporate layoffs stem from a personal experience wherein OkCredit had to let go of 70 employees. Unlike the abrupt practices of some other firms, OkCredit ensured a more thoughtful process involving a three-month notice and job placement assistance for the affected employees. Such measures garnered praise and are often cited as a paradigm of how layoffs should be conducted . By sharing his story, Pokharna has sparked a meaningful conversation about the need for companies to shoulder their responsibilities and respect their workforce even in challenging times.

The issue of layoffs is not foreign to the tech industry, as demonstrated by recent actions from companies like Zomato, which laid off a significant number of its employees. However, the call for humane treatment during such transitions remains strong. Pokharna's criticism of how these layoffs are managed provides a contrasting narrative that promotes transparency and compassion in corporate practices. It challenges businesses to rethink their values and operational strategies . The introduction to this discourse serves as a reminder that empathy can be a cornerstone in maintaining trust and morale within any organization.

This ongoing discussion on layoffs, as led by advocates like Harsh Pokharna, highlights a broader societal shift towards demanding more ethical business practices. As more employees and industry observers call for greater responsibility and humane treatment during layoffs, companies face increasing pressure to align their practices with evolving expectations. The layoff discourse by leaders like Pokharna is not just about criticizing existing practices but about paving the way for a new era of corporate behavior that embeds empathy and care at its core .

OkCredit's approach to employee layoffs serves as a noteworthy example of combining empathy with corporate responsibility. In the backdrop of increasing layoff announcements, Harsh Pokharna, the CEO of OkCredit, has been vocal about the humane ways in which companies should handle such sensitive matters. His reflections, particularly critical of companies treating employees as disposable assets yet calling them "family," underscore a demand for a cultural shift in corporate practices. Such a shift requires an acknowledgment of the individuals beyond their roles in a company, emphasizing support systems that ensure affected employees are not left without guidance or assistance in transitioning to new opportunities. Pokharna shared his thoughts on this matter in a notable LinkedIn post, where he laid bare the realities of the company's past layoffs and the thoughtful strategy employed to mitigate impact on those affected.

The decisions at OkCredit to offer three months' notice and additional financial support reflect a profound understanding of corporate social responsibility. Pokharna's critique of other companies, such as Zomato, who have recently executed layoffs possibly lacking in empathy, puts forward a model of how companies should treat their employees during tumultuous times. By not only acknowledging but learning from the overexpansion that led to layoffs, OkCredit underscores the importance of measured growth and sustainable scaling in business operations. Essentially, OkCredit provides a roadmap of how respect and transparency can be the cornerstone of employment practices, even when navigating challenging layoffs.

Public reactions to Pokharna's transparency were overwhelmingly positive, showcasing a collective desire for ethical treatment in the corporate world. Many praised his leadership, especially in ensuring that 67 out of 70 laid-off employees were able to find new roles promptly. This demonstrates that when companies take accountability for their missteps, it enhances their reputation and bolsters goodwill among current and potential employees. It also highlights the underlying belief that treating employees with dignity and offering practical support contributes to the long-term success of a company. Such an approach could, over time, influence broader industry standards, leading to systemic changes in how layoffs are managed across sectors.

In today's competitive business environment, different companies take varied approaches towards laying off employees, with OkCredit and Zomato presenting contrasting examples. OkCredit's CEO, Harsh Pokharna, recently expressed criticism towards companies adopting inhumane layoff practices, especially those that paradoxically refer to employees as 'family.' Unlike Zomato's approach, which reportedly affected 500 junior-level employees without adequate notice or support, OkCredit's layoff strategy was centered on compassion and responsibility. When OkCredit had to restructure 18 months prior, they provided a three-month notice period, job search assistance, and extra financial compensation to those affected. Pokharna's approach is not only seen as humane but has also drawn praise for setting a benchmark in ethical workforce management [1](https://m.economictimes.com/news/bengaluru-news/iitian-bengaluru-ceo-hits-out-at-companies-over-layoffs-says-if-you-call-employees-a-family-treat-them-like-that-too/articleshow/119967637.cms).

OkCredit's method of handling layoffs contrasts with the practices at Zomato where, according to reports, the layoffs were more abrupt and less considerate of the affected employees' future. In an industry where talent is often referred to as an organization's greatest asset, OkCredit ensured that their departing employees were given the tools and support to transition smoothly into new roles. The empathy demonstrated by Pokharna when communicating the layoffs on LinkedIn also garnered appreciation and reinforced the idea of corporate responsibility in tough times. Public discourse surrounding both companies highlights a growing expectation for businesses to treat employees ethically during layoffs, setting a precedent for future corporate conduct [1](https://m.economictimes.com/news/bengaluru-news/iitian-bengaluru-ceo-hits-out-at-companies-over-layoffs-says-if-you-call-employees-a-family-treat-them-like-that-too/articleshow/119967637.cms).

As OkCredit and Zomato represent broader trends within the corporate sector, their contrasting layoff practices may influence how companies approach employee management moving forward. Harsh Pokharna's transparent communication and assistance to laid-off employees is likely to encourage a shift towards more humane termination processes, particularly in tech and startup environments where growth is rapid and layoffs can become inevitable. These events could also lead to increased regulatory pressure for fair employment practices, as public and governmental expectations call for more ethical management of human resources. By comparing the practices of OkCredit and Zomato, industry leaders may recognize the importance of maintaining trust and morale, even when making difficult business decisions [1](https://m.economictimes.com/news/bengaluru-news/iitian-bengaluru-ceo-hits-out-at-companies-over-layoffs-says-if-you-call-employees-a-family-treat-them-like-that-too/articleshow/119967637.cms).

Harsh Pokharna, the CEO of OkCredit, has become a notable figure in discussions about humane layoff practices in the corporate world. He has strongly criticized companies that conduct layoffs in callous and impersonal manners, especially after having marketed a familial culture among employees. In an era where many companies fail to uphold the values of respect and empathy during workforce reductions, Pokharna's approach stands out. He draws on his personal experience from nearly eighteen months ago when his company had to let go of seventy employees due to over-hiring and rapid cash burn [source].

Pokharna believes that if a company refers to its employees as a family, it should uphold that sentiment in all situations, including layoffs. He mentioned that during OkCredit's reduction process, they provided three months' notice and actively assisted employees in their job search endeavors. This approach included offering introductions to potential employers and even providing additional financial help to those unable to find new jobs within the notice period [source]. Contrast this with companies like Zomato, which reportedly laid off 500 employees without such considerations, and the difference in approach becomes stark [source].

Expert opinions and public reactions have largely supported Harsh Pokharna's methods. His candidness on platforms like LinkedIn about the challenges and responsibilities of leadership during layoffs has earned him respect. Many believe that his model of transparent communication, coupled with real support, could serve as a blueprint for responsible corporate behavior during times of economic uncertainty [source, source].

Pokharna's actions and subsequent discussions underscore an essential shift in corporate paradigms towards prioritizing human aspects over merely financial metrics. His accountability and willingness to address the root causes of layoffs reflect a leadership style grounded in empathy. This has significant implications not only for individual businesses but also for broader industry standards as more companies are encouraged to adopt similar practices, ensuring a humane approach to workforce management even in challenging times [source].

The response to Pokharna’s policies stresses the importance of a supportive corporate culture that extends its care to employees even during downsizing. As societies lean towards greater expectations of corporate responsibility, OkCredit's example could drive meaningful change across industries, where empathetic practices become the norm rather than exceptions [source, source].

The public reaction to OkCredit's empathetic layoff strategy, led by CEO Harsh Pokharna, has been overwhelmingly positive. In an industry where companies are often criticized for treating employees as mere numbers, Pokharna's approach set a new standard. By providing comprehensive support to those affected, including a three-month notice period, job placement assistance, and financial aid, OkCredit demonstrated a commitment to ethical leadership that resonated with both employees and the broader public. Many observers lauded Pokharna for his transparency and the personal attention given to each affected employee, viewing it as a refreshing deviation from the cold, corporate norm often seen in layoffs. This sentiment was widely shared across social media platforms, where users expressed admiration for a company genuinely treating its employees as 'family,' as opposed to merely using the term as a superficial label.

The approach taken by companies during layoffs speaks volumes about their underlying culture. When employees who have been integral to the company's success are let go without empathy or consideration, it sends a message that the company values profits over people. Conversely, handling layoffs with empathy, as demonstrated by OkCredit under CEO Harsh Pokharna, reinforces a more respectful and humane company culture. Pokharna's method of providing a three-month notice, assistance with job placements, and an open dialogue with employees sets a benchmark for how layoffs can be conducted with dignity and care. As highlighted in his LinkedIn post, recognizing employees as 'family' should extend beyond mere rhetoric into actionable care during challenging times .

Empathetic layoffs play a crucial role in preserving not just the morale of departing employees, but also the morale of those who remain. When a company chooses to act with care and transparency, it fosters a sense of trust and loyalty among the existing workforce, which could arguably lead to greater productivity and dedication. As seen in the case of OkCredit, employees who view the company's actions as fair and compassionate are more likely to speak positively about their former employer, potentially influencing the company's reputation positively in the broader market . This can be particularly beneficial during recruitment drives, as new potential hires often value ethical practices and leadership accountability.

Ultimately, the implications of empathetic layoffs on company culture are profound, signaling a shift towards more humane and transparent business practices. With increasing public scrutiny, as seen through positive public reactions to empathetic approaches like that of OkCredit, companies may find that maintaining such a culture is not only ethically sound but also strategically advantageous. Sustaining a culture of empathy and respect requires commitment from leadership—a lesson starkly illustrated by the criticism faced by companies that execute abrupt, impersonal layoffs. In a climate where businesses are often called out for neglecting employee well-being, demonstrating empathy can differentiate a company in a crowded marketplace and build long-term resilience and loyalty among its workforce .

In the contemporary corporate landscape, layoff practices significantly vary across industries. Some companies, like OkCredit, have garnered praise for implementing humane and responsible layoff procedures. According to Harsh Pokharna, OkCredit's CEO, their approach involves extensive support for affected employees, including three months' notice, job placement assistance, and additional salary compensation. This measure aims to ensure that employees are treated with dignity and are well-prepared for the transition, which Pokharna elaborated upon in a recent discussion. In stark contrast, some large firms have faced criticism for abrupt and impersonal layoffs. Reports about Zomato laying off 500 junior-level employees quickly and without the empathetic considerations seen at OkCredit illustrate the divide in corporate responsibility and employee management. Such practices, often perceived as harsh and inconsiderate, not only damage workforce morale but can also tarnish the company’s reputation in the eyes of both current and prospective employees.

These discrepancies in layoff practices can be attributed to differing corporate cultures and leadership philosophies. Companies that endorse an employee-first approach, like OkCredit, are likely driven by leaders who prioritize ethical standards and human resource commitments. Harsh Pokharna's leadership, recognized for accountability and transparency, sets a benchmark for others in considering the human impact of business decisions. His post-Layoff strategy, which includes explaining company circumstances directly to affected employees, contrasts sharply with methods that appear cold and detached. The broader impact of these varied practices on the industry is substantial. Companies that execute layoffs with empathy may maintain higher morale among remaining staff and preserve their employer brand. Conversely, firms adhering to impersonal or abrupt methods might experience long-term negative effects, not only on employee trust but also in their ability to attract and retain talent in the future. This dichotomy reflects an evolving discourse around ethical employment practices that align corporate profitability with genuine concern for workforce welfare. As more leaders recognize the value of humane layoffs, such practices could gradually become the norm, reshaping industry standards.

The wave of layoffs seen recently has sparked significant economic turmoil and uncertainty within workforce dynamics. Notably, with companies like Zomato letting go of around 500 junior-level employees, the impact stretches beyond the immediate job loss. This has led to increased scrutiny over layoff practices and the manner in which companies communicate these changes. Empathy and support for affected employees have become critical focal points, as highlighted by Harsh Pokharna, CEO of OkCredit, who emphasized treating employees like family in both good and bad times.

The economic landscape is facing pressured adjustments due to substantial layoffs, particularly within the US federal government, which has recently announced the elimination of over 275,000 positions. Such extensive workforce reductions not only elevate unemployment rates but also exacerbate the financial strain on families and communities. Continuing unemployment claims have reached levels unseen since November 2021, indicating a struggle in finding new employment opportunities for displaced workers.

The contrasting layoff practices between companies highlight a broader market inefficiency, where the well-being of employees often becomes secondary. However, there's an emerging dialogue that promotes transparency and support, especially in light of OkCredit's approach that has been both praised and emulated widely. This aligns with the growing expectation that leaders must prioritize their workforce's welfare, fostering a culture of trust and resilience amidst economic challenges. Experts commend leaders like Pokharna for setting a precedent in responsible and humanitarian downsizing.

Public reactions towards empathetic layoff practices, as demonstrated during OkCredit's reduction, reveal a potential shift in societal norms where companies may face pressure to uphold ethical standards irrespective of economic fluctuations. The positive feedback to humane tactics could influence legislative discussions around worker protections, advocating for environments where employees' rights are preserved even during financial adversity. Transparency, accountability, and support are becoming intrinsic values expected from businesses navigating the market upheavals.

Layoffs have both macroeconomic and microeconomic implications. On a macro scale, they can contribute to economic instability due to reduced spending power among former employees, potentially stifling growth and innovation. At the micro level, inadequate handling of layoffs can tarnish a company's reputation, diminish trust, and reduce future talent acquisition efforts. By adopting ethical layoff practices, businesses not only safeguard their brand but also contribute to a more stable and resilient economy, promoting longer-term optimism and economic recovery.

In today's fast-paced corporate world, the treatment of employees during layoffs has become a significant topic of conversation. Many companies often liken themselves to families when times are good, but this familial bond seems to dissipate with the announcement of layoffs. Harsh Pokharna, CEO of OkCredit, has voiced his criticism of such inhumane layoff practices, urging companies to handle downsizing with the same care and respect they would offer to a family member. If employees are indeed considered part of the 'company family,' then it is only right that they receive support and dignity during challenging times[1](https://m.economictimes.com/news/bengaluru-news/iitian-bengaluru-ceo-hits-out-at-companies-over-layoffs-says-if-you-call-employees-a-family-treat-them-like-that-too/articleshow/119967637.cms).

Pokharna's handling of layoffs at OkCredit serves as a model of ethical practice. He shared how the company provided three months' notice, helped with job searches, and offered financial support to affected employees. By assisting 67 out of 70 laid-off employees to find new roles, OkCredit displayed a commitment to their workforce that goes beyond mere business transactions. This approach, although initially challenging, reflects a broader responsibility and sets a positive precedent for others to follow. Such actions illustrate that ethical considerations should not be abandoned even amidst financial constraints[1](https://m.economictimes.com/news/bengaluru-news/iitian-bengaluru-ceo-hits-out-at-companies-over-layoffs-says-if-you-call-employees-a-family-treat-them-like-that-too/articleshow/119967637.cms).

The public's response to Pokharna's transparent leadership emphasizes the social expectations that companies face in today's interconnected world. The backlash against impersonal layoff methods seen in companies like Zomato highlights a growing intolerance for practices that treat human capital as disposable. Instead, there is a rising demand for empathy and accountability, suggesting that ethical layoff practices could soon become a benchmark for evaluating corporate responsibility. By demonstrating empathy, companies not only preserve their brand integrity but also support the welfare of their employees, thereby fostering a sustainable and loyal organizational culture[1](https://m.economictimes.com/news/bengaluru-news/iitian-bengaluru-ceo-hits-out-at-companies-over-layoffs-says-if-you-call-employees-a-family-treat-them-like-that-too/articleshow/119967637.cms).

Furthermore, there is a pressing implication for the future workforce as public discourse continues to spotlight humane practices in layoffs. Economies could pressure organizations to adopt these approaches, advocating for greater transparency and employee-centered policies. As more companies recognize the long-term benefits of maintaining a positive reputation, it could drive an industry-wide shift in how layoffs are managed, with potential implications for legislation regarding employment practices. Ultimately, the push for ethical layoff methods reflects a significant change in how society views the relationship between employers and their employees[1](https://m.economictimes.com/news/bengaluru-news/iitian-bengaluru-ceo-hits-out-at-companies-over-layoffs-says-if-you-call-employees-a-family-treat-them-like-that-too/articleshow/119967637.cms).

The discourse around corporate layoffs often revolves around the broader implications for political landscapes and policy developments. Harsh Pokharna's vocal critique of layoff practices in companies like Zomato has injected fresh urgency into conversations about corporate responsibility and worker rights. This approach, particularly in India, is likely to influence ongoing debates surrounding labor laws and employment protections. The emphasis on humane treatment of employees, as highlighted by Pokharna's own company, OkCredit, may set a precedent that pushes lawmakers to consider tighter regulations on layoffs, especially in contexts where employees are treated as family when business is good, but discarded too easily when financial challenges arise.

Furthermore, the significant layoffs at federal levels, such as those initiated by the Trump administration at major health agencies like HHS, FDA, and the CDC, underscore the intricate link between politics and employment policies. These actions, detailed in various reports including NPR, could lead to increased advocacy for safeguarding public sector jobs, considering the widespread implications such governmental decisions have on community health and public service efficiency.

In the backdrop of these scenarios, economic policies in regions heavily affected by layoffs, such as those prompted by international trade tensions, are likely to come under scrutiny. For instance, Stellantis's decision to lay off workers due to new automobile tariffs, as reported by Reuters, serves as a pivotal example of how trade policies directly impact employment. This could catalyze both domestic and international calls for reevaluating trade agreements and bolstering worker protections against economic volatility induced by geopolitical shifts.

The collective public response to these layoffs, especially through digital platforms, magnifies their potential to sway political discourse. Influences from civil movements and worker unions advocating for humane treatment during layoffs will likely grow stronger, framing future legislative agendas. Such socio-political dynamics are further enhanced by insights from expert opinions and societal reactions, foregrounding strategies that prioritize genuine employee welfare over mere profit-oriented motives. In the climate of increasing automation and the gig economy, these narratives are expected to fuel policy development aimed at crafting a balanced, fair working environment for all stakeholders.