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Potential impact of no-layoff pledge in technology partnerships

As the coronavirus pandemic continues to grow, organizations are having a significant impact on their economic returns. Amid this extreme uncertainty, some global companies have stepped forward to pledge no-layoff policy to ensure job-security for their employees.

While this is a highly appreciated initiative, these companies would eventually cut-down on their technology investments and compromise their hiring activities for the year. High investment projects are expected to be deprioritised creating a tremendous delay/impact on planned technology partnerships

Technology service providers are going the extra mile for their clients across all industries to help them recover and grow again. Strengthening clients by addressing the need-of-the-hour solutions like remote collaboration tools, secure endpoint solutions and cloud engineering can lead to long-term engagements.

Draup has been tracking the global enterprises that are embracing the no-layoff pledge. This shows the noble gesture of the companies towards employees. TSPs need to be aware of potential sales engagement areas and devise their COVID-19 propositions when reaching out to these enterprises.

Some of these enterprises are:

Industry Company name
Aerospace Airbus Group SE
Aerospace Tool Gauge
Aerospace Ethiopian airlines
Automotive MG Motors
Automotive Ford Motor Company
Automotive Bajaj Auto
Automotive Hero Motocorp Limited
Automotive Skoda
Automotive Maruti Suzuki
Automotive, Semiconductor, Industrial, Telecommunications, Consumer Electronics, Energy & Utilities Mitsubishi Electric Corporation
Banking & Financial Services Wells Fargo & Company
Banking & Financial Services Visa, Inc.
Banking & Financial Services Toronto-Dominion Bank
Banking & Financial Services The Goldman Sachs Group, Inc.
Banking & Financial Services Royal Bank of Canada
Banking & Financial Services Morgan Stanley
Banking & Financial Services JPMorgan Chase & Co.
Banking & Financial Services HSBC Holdings plc
Banking & Financial Services Deutsche Bank AG
Banking & Financial Services Credit Suisse Group AG
Banking & Financial Services City National Bank
Banking & Financial Services Citigroup Inc.
Banking & Financial Services Bank of America Corporation
Banking & Financial Services Banco Santander S.A.
Banking & Financial Services Ajman Bank
Banking & Financial Services ADCB
Banking & Financial Services American Express Company
Banking & Financial Services KASIKORNBANK
Banking & Financial Services Punjab National Bank
Banking & Financial Services DBS Bank
Banking & Financial Services Oversea-Chinese Banking Corporation Limited
Banking & Financial Services Yorkshire Bank
Banking & Financial Services Lloyds Banking Group plc
Banking & Financial Services SunWest Bank
Banking & Financial Services Truist Financial Corporation
Banking & Financial Services Societe Generale S.A.
Banking & Financial Services Commerzbank Aktiengesellschaft
Banking & Financial Services Virgin Money
Banking & Financial Services Standard Chartered
Banking & Financial Services Bank of Montreal
Banking & Financial Services Canadian Imperial Bank of Commerce
Banking & Financial Services United Shore Financial Services, LLC
Banking & Financial Services The Bank of New York Mellon Corporation
Banking & Financial Services United Wholesale Mortgage
Banking & Financial Services AQR Capital Management, LLC
Banking & Financial Services State Bank of Pakistan
Biotechnology Hamilton Company
Chemicals & Materials Geberit AG
Chemicals & Materials, Energy & Utilities, Logistics & Supply Chain, Engineering, Procurement and Construction LafargeHolcim Ltd
Chemicals & Materials, Metals & Mining Tata Steel Limited
Chemicals & Materials;Energy & Utilities Occidental Petroleum Corporation
Construction & Heavy Machinery Essar Group
Consumer Electronics Nintendo Co., Ltd.
Consumer Software Flipkart
Consumer Software Trinisys
Consumer Software LinkedIn
Consumer Software Twitter
Consumer Software Zoomcar
Cosmetics company Natura & Co
Education Guild Education
Education University of California
Education UCANR
Education Missouri State University
Education Penn State University
Energy & Utilities APA Group
Energy & Utilities BP Plc
Energy & Utilities Bonterra Energy Corp.
Energy & Utilities SOCAR Turkey
Energy & Utilities Petrol Ofisi
Energy & Utilities Turcas Petrol
Energy & Utilities Royal Dutch Shell plc
Energy & Utilities Guris
Energy & Utilities Limak Holding
Energy & Utilities Aksa Natural Gas
Energy & Utilities Waste Management, Inc.
Engineering, Procurement and Construction Danube Group
Enterprise Software Workday, Inc.
Enterprise Software True Influence
Enterprise Software SAP SE
Enterprise Software
Enterprise Software PayPal
Enterprise Software Clari Inc.
Enterprise Software InMobi
Enterprise Software JET BI
Enterprise Software Backblaze
Enterprise Software Celonis SE
Enterprise Software Freshworks
Enterprise Software Inc.
Enterprise Software;Telecommunications Palo Alto Networks, Inc.
Food, Beverages & Consumer Goods L’Oreal
Food, Beverages & Consumer Goods Danone S.A.
Food, Beverages & Consumer Goods The Coca-Cola Company
Food, Beverages & Consumer Goods Heineken N.V.
Food, Beverages & Consumer Goods Philip Morris International Inc.
Government & Non profit organisation South Carolina Ports Authority
Government & Non profit organisation County of Simcoe
Hospital & Healthcare Sheridan Memorial Hospital
Hospital & Healthcare Flint Hills Community Health Center
Hospital & Healthcare Ascension
Hospital & Healthcare McLaren Health Care
Hospital & Healthcare OrthoPediatrics Corp.
Hospital & Healthcare West Tennessee Healthcare
Hospital & Healthcare CoxHealth
Hospital & Healthcare, Education Mayo Clinic
Industrial AutoQuotes, Inc.
Industrial JELD-WEN Windows and Doors
Industrial;Energy & Utilities;Transportation Siemens AG
Insurance TRISTAR Insurance Group
Insurance Chubb Ltd.
Insurance AXA
Insurance Church Mutual Insurance Company, S.I.
Insurance;Banking & Financial Services Creative Planning, LLC.
Law Firm Kramer Levin Naftalis & Frankel LLP
Law Firm McDowell Hetherington LLP
Law Firm CliftonLarsonAllen
Law Firm Centaurus Financial, Inc.
Logistics & Supply Chain FedEx Corporation
Marketing & Advertising Publicis Groupe S.A.
Media & Entertainment WASP Inc.
Media & Entertainment TIME
Media & Entertainment Galaxy Media Company
Media & Entertainment Bet365 Group Ltd
Media & Entertainment San Manuel Casino
Media & Entertainment Bonneville International
Media & Entertainment Creative Artists Agency LLC
Media & Entertainment Hearst Communications Inc.
Media & Entertainment The Dallas Morning News
Media & Entertainment Mediacom Communications Corporation
Media & Entertainment Gannett Company, Inc.
Metals & Mining;Energy & Utilities Vedanta Resources Limited
Product Engineering Services;IT Services Cognizant
Product Engineering Services;IT Services Booz Allen Hamilton Holding Corporation
Professional Services PricewaterhouseCoopers
Professional Services Marsh & McLennan Companies, Inc.
Professional Services Daniel J. Edelman Holdings, Inc.
Professional Services Brown Bag Marketing
Professional Services KPMG
Professional Services BlackRock, Inc.
Professional Services Cisco Systems, Inc.
Professional Services Baker McKenzie
Real Estate DLF Limited
Retail V-Mart Retail Ltd.
Retail Publix Super Markets, Inc.
Semiconductor Marvell Technology Group, Ltd.
Sports International Tennis Federation
Telecommunications Natterbox
Telecommunications BT Group plc
Television broadcasting company Gray Television
Television broadcasting company NRG Media
Textiles, Apparel and Luxury Goods Columbia Sportswear Company
Travel & Hospitality United Airlines Holdings, Inc.
Travel & Hospitality Southwest Airlines
Travel & Hospitality G1 Group
Travel & Hospitality British Airways
Travel & Hospitality American Airlines Group, Inc.
Travel & Hospitality Delta Air Lines, Inc.
Travel & Hospitality Emirates Group
Travel & Hospitality Las Vegas Sands Corporation
Travel & Hospitality Atlas Air
Travel & Hospitality UPS Airlines
Travel & Hospitality JetBlue
Travel & Hospitality Hawaiian Airlines
Travel & Hospitality Alaska Air Group Inc.
Travel & Hospitality Oyo Rooms
Travel & Hospitality Restaurant Brands International Inc.
Travel & Hospitality Tallink
Travel & Hospitality InterGlobe Hotels Pvt. Ltd.