The coronavirus pandemic is creating a significant economic disruption in the organizations. Though cost-cutting is understandable, one cannot deny the fact that the entire business economy is getting hit hard by it. In this high uncertainty situation, some companies have come forward to take a no-layoff pledge, and ensure their employees feel secured with their jobs.
Embracing no-layoff policy shows a noble gesture of organizations towards their employees. This pledge during such uncertainties can yield remarkable benefits:
- Increased employees’ efficiency and commitment
- Boost in employee morale
- Effective problem-solving capacity
- Fulfilling targets on time
- Elimination of anxiety of losing a job
- Reduction in hiring and training costs
Additionally, it helps in gaining a competitive advantage in the business market in such adverse situations. Draup has been tracking the global organizations that are stepping forward to take the no-layoff pledge.
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 | |
Consumer Software | |
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 | Salesforce.com |
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 | XIX.ai. 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. |