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Potential impact of no-layoff pledge in technology partnerships

April 15, 2020

Potential impact of no-layoff pledge in technology partnerships
Prerana Gupta

Technical Content Writer at Draup


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:

IndustryCompany name
Aerospace Airbus Group SE
Aerospace Tool Gauge
Aerospace Ethiopian airlines
AutomotiveMG Motors
AutomotiveFord Motor Company
AutomotiveBajaj Auto
AutomotiveHero Motocorp Limited
AutomotiveMaruti Suzuki
Automotive, Semiconductor, Industrial, Telecommunications, Consumer Electronics, Energy & UtilitiesMitsubishi Electric Corporation
Banking & Financial ServicesWells Fargo & Company
Banking & Financial ServicesVisa, Inc.
Banking & Financial ServicesToronto-Dominion Bank
Banking & Financial ServicesThe Goldman Sachs Group, Inc.
Banking & Financial ServicesRoyal Bank of Canada
Banking & Financial ServicesMorgan Stanley
Banking & Financial ServicesJPMorgan Chase & Co.
Banking & Financial ServicesHSBC Holdings plc
Banking & Financial ServicesDeutsche Bank AG
Banking & Financial ServicesCredit Suisse Group AG
Banking & Financial ServicesCity National Bank
Banking & Financial ServicesCitigroup Inc.
Banking & Financial ServicesBank of America Corporation
Banking & Financial ServicesBanco Santander S.A.
Banking & Financial ServicesAjman Bank
Banking & Financial ServicesADCB
Banking & Financial ServicesAmerican Express Company
Banking & Financial ServicesKASIKORNBANK
Banking & Financial ServicesPunjab National Bank
Banking & Financial ServicesDBS Bank
Banking & Financial ServicesOversea-Chinese Banking Corporation Limited
Banking & Financial ServicesYorkshire Bank
Banking & Financial ServicesLloyds Banking Group plc
Banking & Financial ServicesSunWest Bank
Banking & Financial ServicesTruist Financial Corporation
Banking & Financial ServicesSociete Generale S.A.
Banking & Financial ServicesCommerzbank Aktiengesellschaft
Banking & Financial ServicesVirgin Money
Banking & Financial ServicesStandard Chartered
Banking & Financial ServicesBank of Montreal
Banking & Financial ServicesCanadian Imperial Bank of Commerce
Banking & Financial ServicesUnited Shore Financial Services, LLC
Banking & Financial ServicesThe Bank of New York Mellon Corporation
Banking & Financial ServicesUnited Wholesale Mortgage
Banking & Financial ServicesAQR Capital Management, LLC
Banking & Financial ServicesState Bank of Pakistan
BiotechnologyHamilton Company
Chemicals & MaterialsGeberit AG
Chemicals & Materials, Energy & Utilities, Logistics & Supply Chain, Engineering, Procurement and ConstructionLafargeHolcim Ltd
Chemicals & Materials, Metals & MiningTata Steel Limited
Chemicals & Materials;Energy & UtilitiesOccidental Petroleum Corporation
Construction & Heavy MachineryEssar Group
Consumer ElectronicsNintendo Co., Ltd.
Consumer SoftwareFlipkart
Consumer SoftwareTrinisys
Consumer SoftwareLinkedIn
Consumer SoftwareTwitter
Consumer SoftwareZoomcar
Cosmetics companyNatura & Co
EducationGuild Education
EducationUniversity of California
EducationMissouri State University
EducationPenn State University
Energy & UtilitiesAPA Group
Energy & UtilitiesBP Plc
Energy & UtilitiesBonterra Energy Corp.
Energy & UtilitiesSOCAR Turkey
Energy & UtilitiesPetrol Ofisi
Energy & UtilitiesTurcas Petrol
Energy & UtilitiesRoyal Dutch Shell plc
Energy & UtilitiesGuris
Energy & UtilitiesLimak Holding
Energy & UtilitiesAksa Natural Gas
Energy & UtilitiesWaste Management, Inc.
Engineering, Procurement and ConstructionDanube Group
Enterprise SoftwareWorkday, Inc.
Enterprise SoftwareTrue Influence
Enterprise SoftwareSAP SE
Enterprise SoftwarePayPal
Enterprise SoftwareClari Inc.
Enterprise SoftwareInMobi
Enterprise SoftwareJET BI
Enterprise SoftwareBackblaze
Enterprise SoftwareCelonis SE
Enterprise SoftwareFreshworks
Enterprise Inc.
Enterprise Software;TelecommunicationsPalo Alto Networks, Inc.
Food, Beverages & Consumer GoodsL’Oreal
Food, Beverages & Consumer GoodsDanone S.A.
Food, Beverages & Consumer GoodsThe Coca-Cola Company
Food, Beverages & Consumer GoodsHeineken N.V.
Food, Beverages & Consumer GoodsPhilip Morris International Inc.
Government & Non profit organisationSouth Carolina Ports Authority
Government & Non profit organisationCounty of Simcoe
Hospital & HealthcareSheridan Memorial Hospital
Hospital & HealthcareFlint Hills Community Health Center
Hospital & HealthcareAscension
Hospital & HealthcareMcLaren Health Care
Hospital & HealthcareOrthoPediatrics Corp.
Hospital & HealthcareWest Tennessee Healthcare
Hospital & HealthcareCoxHealth
Hospital & Healthcare, EducationMayo Clinic
IndustrialAutoQuotes, Inc.
IndustrialJELD-WEN Windows and Doors
Industrial;Energy & Utilities;TransportationSiemens AG
InsuranceTRISTAR Insurance Group
InsuranceChubb Ltd.
Insurance AXA
InsuranceChurch Mutual Insurance Company, S.I.
Insurance;Banking & Financial ServicesCreative Planning, LLC.
Law FirmKramer Levin Naftalis & Frankel LLP
Law FirmMcDowell Hetherington LLP
Law FirmCliftonLarsonAllen
Law FirmCentaurus Financial, Inc.
Logistics & Supply ChainFedEx Corporation
Marketing & AdvertisingPublicis Groupe S.A.
Media & EntertainmentWASP Inc.
Media & EntertainmentTIME
Media & EntertainmentGalaxy Media Company
Media & EntertainmentBet365 Group Ltd
Media & EntertainmentSan Manuel Casino
Media & EntertainmentBonneville International
Media & EntertainmentCreative Artists Agency LLC
Media & EntertainmentHearst Communications Inc.
Media & EntertainmentThe Dallas Morning News
Media & EntertainmentMediacom Communications Corporation
Media & EntertainmentGannett Company, Inc.
Metals & Mining;Energy & UtilitiesVedanta Resources Limited
Product Engineering Services;IT ServicesCognizant
Product Engineering Services;IT ServicesBooz Allen Hamilton Holding Corporation
Professional ServicesPricewaterhouseCoopers
Professional ServicesMarsh & McLennan Companies, Inc.
Professional ServicesDaniel J. Edelman Holdings, Inc.
Professional ServicesBrown Bag Marketing
Professional ServicesKPMG
Professional ServicesBlackRock, Inc.
Professional ServicesCisco Systems, Inc.
Professional ServicesBaker McKenzie
Real EstateDLF Limited
RetailV-Mart Retail Ltd.
RetailPublix Super Markets, Inc.
SemiconductorMarvell Technology Group, Ltd.
SportsInternational Tennis Federation
TelecommunicationsBT Group plc
Television broadcasting companyGray Television
Television broadcasting companyNRG Media
Textiles, Apparel and Luxury GoodsColumbia Sportswear Company
Travel & HospitalityUnited Airlines Holdings, Inc.
Travel & HospitalitySouthwest Airlines
Travel & HospitalityG1 Group
Travel & HospitalityBritish Airways
Travel & HospitalityAmerican Airlines Group, Inc.
Travel & HospitalityDelta Air Lines, Inc.
Travel & HospitalityEmirates Group
Travel & HospitalityLas Vegas Sands Corporation
Travel & HospitalityAtlas Air
Travel & HospitalityUPS Airlines
Travel & HospitalityJetBlue
Travel & HospitalityHawaiian Airlines
Travel & HospitalityAlaska Air Group Inc.
Travel & HospitalityOyo Rooms
Travel & HospitalityRestaurant Brands International Inc.
Travel & HospitalityTallink
Travel & HospitalityInterGlobe Hotels Pvt. Ltd.