Hubli: As the coronavirus pandemic outbreak continues to spread its tentacles across the globe bringing the world to a standstill by ceasing major business operations and crippling the world economy, we foresee an era of businesses shutting down, industries cutting down productions or some even calling it off, large business corporations downsizing operations and adopting austerity measures, all of this will come at a cost of job cuts, layoffs and major unemployment scenarios around the world.
With migrant workers ranging from construction workers to executives in corporates moving back to their hometowns, the fear of uncertainty of future looms large over the lives as well as livelihoods across societies.
Amidst this chaos, a phrase which asserts some positivity in the air is ‘Work From Home’ or commonly called as #WFH, which is gaining high popularity these days due to its sudden importance globally. Simply meaning, to continue to work from theirrespective home remotely with the available setup and resources. Thanks to technology, globalization and rise of the internet that many large, medium and small company employees and individuals are continuing the work from the comforts of their home and yet getting the job done.
Over 40 Lakh people are employed directly in IT / ITES (Information Technology) sector and generating revenue of over $ 180 Billion (around Rs. 14 Lakh Crores). Large IT companies have successfully been able to service global clients during lockdown by of all employees working from home. Interestingly, employees are spread across the globe but due to seamless technology, clients have been serviced.
The way in which this pandemic is forcing the world to change its ways is quite interesting. Businesses have to restructure themselves to stay in the market and assimilate to the new ways. From the era of B.C. (Before Corona) to A.D. (After Disease), Hubli being strategically located and connected to Bangalore, Hyderabad, Mumbai-Pune could be developed as remote working destination. It is estimated that around 30% of workforce in these tier-1 IT hubs are originally from North Karnataka. Hence, #Work From Home could be transformed into #Work From Hubli.
Santosh Huralikoppi, Chief Mentor – FUEL