^We are in the midst of layoff season. While the world is shocked to see large internet companies like Meta and Twitter fire employees, the Indian startup scene has also suffered. So, what led to this, what is happening now, and what is yet to come? ‍

Race to Mass Layoffs?

Adding to the difficulties in Silicon Valley is the possibility that Amazon will announce layoffs that will affect up to 10,000 workers. Following Microsoft, Twitter, Snap, Meta, and Twitter, Amazon is the next big tech company to lay off employees. There has also been a decrease in recruiting at Apple and other companies. 

In the wake of fears of a worldwide recession, technology companies, traditionally large spenders, are now turning to cost-cutting.

Mass Firings: What Led to This?

From January 1 to June 1, 2022, the market capitalization of the top 30 technology companies decreased by $4.3 trillion. These 30 companies represent the majority of the value of the global tech market.

At least $5–6 trillion was lost in the global listed tech market as a whole. The top 30 businesses account for $4.3 trillion of this. In actuality, the combined contribution of Apple and Microsoft to this market value decline is close to $1 trillion. 

From June to August 18, the market value of the top 30 tech companies experienced a $900 billion recovery.

What's the situation in India?

Many edtech companies have let go of employees, including Byju's and Unacademy. It was reported that Unacademy had laid off 1,150 employees, while Byju's laid off 550 employees, not far behind Vedantu, which had laid off 624 employees.

Meanwhile, MFine laid off 600 workers, Ola fired 500 people, and Cars24 reported 600 job losses. In all cases, layoffs were caused by tighter monetary policies and a correction in the stock market.

How About the Attrition Rate?

In addition to layoffs, IT organizations have experienced high attrition rates. Labor costs and the cost of acquiring talent led to squeezed operating margins for all IT majors during the previous quarter.

During the first quarter of FY23, Indian IT companies spent, on average, 57% of sales on employee salaries, with some, like Infosys, raising their top performers by one or two digits. TCS's attrition rate for Q4 of FY22 was 19.7%, much higher than Infosys's 17.4%.

In Q4FY22, HCL Technologies experienced an increase in attrition from 21.9% to 23.8%. However, Wipro has managed to keep attrition rates relatively stable, dropping from 23.8% to 23.3% between April and June.

^Work should be a place where you feel motivated, valued, and have opportunities for growth. Unfortunately, toxic work environments and insidious tactics like gaslighting can make your professional life a nightmare.  Gaslighting, a form of psychological manipulation, involves making someone doubt their own perceptions, memories, and even their sanity. It often manifests in power imbalances and can erode your confidence and well-being.

Understanding these destructive dynamics is the first step towards protecting yourself and creating change.

Identifying Gaslighting: Red Flags to Watch Out For

Gaslighting can be deceptively subtle, making it difficult to recognize immediately. However, gaslighters often rely on certain patterns of speech and behavior designed to confuse and undermine you.  Let's look at some of the key tactics they use:

Denial and Contradiction

‍Gaslighters might flatly refuse to acknowledge something they said or did, even when you have proof.  This direct contradiction of your memory can leave you feeling disoriented and questioning your own experiences. For example, you might confront a colleague about their disparaging comments during a meeting, only to be met with the response, "That never happened. You must have misheard."

Trivialization and Minimization

‍When you express frustration or hurt, a gaslighter might downplay your emotions, making you feel like you're overreacting or being too sensitive. This is a way to invalidate your experiences and make you doubt your own feelings. For instance, you might express exasperation over being consistently overloaded with work, and they respond with, "Stop being so dramatic.  Everyone has a heavy workload sometimes".

Shifting Blame and Guilt-Tripping

‍Gaslighters are masters of redirecting blame.  Instead of taking responsibility for their actions, they twist situations to make it seem like everything is your fault. This manipulation can leave you feeling guilty and ashamed, preventing you from advocating for yourself. For example, when a project goes wrong, the gaslighter might say, "This entire disaster is your fault. If you hadn't been late with that report, none of this would've happened."

Gaslighting by Proxy

‍Sometimes, a gaslighter enlists others to participate in their manipulation. They might spread false rumors about you to colleagues or paint a misleading picture of your behavior, further eroding your confidence and isolating you within a team. For instance, a gaslighting boss could speak poorly of your work ethic to other managers, leading to a widespread perception of you as an unreliable employee.

Emotional Withholding and Silent Treatment

‍Emotional manipulation is a powerful tool for a gaslighter.  They might suddenly become cold and distant, refusing to talk or withdrawing affection as a form of punishment or to instill a sense of insecurity in you.  An example of this would be a gaslighting romantic partner who, following a minor disagreement, refuses to speak to you for days, leaving you feeling bewildered and questioning your actions.

Discrediting Your Perceptions and Reality

‍The ultimate goal of gaslighting is to make you doubt your sanity – your memory, your judgment, and your very perception of reality. Phrases like "you're crazy," "that's just your paranoia," or "you're too sensitive" are common ways to chip away at your confidence in your own experiences. Imagine you bring up a clear inconsistency in a story the gaslighter has told, and they respond with, "You're clearly imagining things. Honestly, you might want to see a therapist."

Remember, gaslighting doesn't always manifest in blatant outbursts. Sometimes, it can be hidden within seemingly harmless jokes laced with criticism or backhanded compliments designed to sting. Pay attention to how your interactions make you feel.  And most importantly, trust your gut – if something consistently feels off, it likely is.

The Toll of a Toxic Workplace

Toxic workplaces aren't just about one bad apple. They are characterized by patterns of dysfunctional behavior that  impact everyone:

• Lack of Communication: Healthy workplaces have transparency and open feedback. Toxic ones thrive on gossip, secrecy, and leaving employees in the dark.
• Unrealistic Expectations and Pressure: Constant unreasonable demands and an atmosphere of fear and negativity lead to burnout.
• Bullying and Harassment: This can be overt or subtle – insults, put-downs, exclusion from important meetings, or being micromanaged.
• Favoritism and Lack of Recognition: Hard work goes unrewarded, while certain individuals receive preferential treatment, creating resentment and distrust.

Strategies to Combat Gaslighting and Toxicity

Surviving (and thriving) in these environments takes a combination of self-preservation, gathering support, and proactive steps to create change.

1. Trust Your Gut and Validate Yourself

‍Your instincts are powerful.  If something consistently feels off, honor that feeling.  Don't let anyone undermine your perception of reality. Practice self-affirmations and remind yourself of your strengths and capabilities.

2. Document Everything

‍Maintain a thorough record of incidents. Include dates, times, specific details of conversations, and the names of any witnesses. Save emails, project notes, and anything that provides a concrete record, both for validating your experiences and potential escalation.

3. Build a Support Network

Don't fight this battle alone.

• Trusted Colleagues: See if others share your concerns and experiences. They can offer both emotional support and practical advice.
• Friends, Family, Therapist: A safe space to vent, process your feelings, and gain outside perspective is invaluable in combating gaslighting.
• HR and Employee Assistance Programs (EAP): If available, utilize these resources for guidance navigating your company's policies and procedures.

4. Set Boundaries

‍This is essential for regaining a sense of control:

• Limit Contact: Minimize interactions with the gaslighter when possible. Choose email over in-person conversations for clear documentation.
• Learn to Say "No": Respectfully decline requests outside your job responsibilities or that negatively impact your workload and well-being.
• Assertive Communication: Practice clear, unemotional communication without aggression. State facts, avoid accusations, and focus on solutions.

5. Protect Your Mental Health

‍Toxic workplaces and gaslighting take a toll. Prioritize self-care habits:

• Stress-Reduction Techniques: Deep breathing, mindfulness exercises, and meditation can calm your nervous system in the moment.
• Physical Well-being: Focus on sleep, a balanced diet, and regular exercise to manage stress and boost resilience.
• Therapy: Professional therapy offers tools to unpack the gaslighting, process its impact, and build long-term coping mechanisms.

6. Focus on What You Can Control

• Your Reactions: While you can't control the gaslighter, you can choose how you respond. Limit emotional outbursts and strive for neutral responses.
• Your Perspective: Reframe their manipulative behavior as a reflection of their own insecurities, not a deficit in you.
• Your Goals: Stay focused on what you want to achieve professionally and don't let negativity derail your progress.

When Do You Stay or Walk Away?

Sadly, sometimes the best option is leaving a toxic workplace.   Consider these factors:

• Severity and Impact: Is this a personality conflict with one individual or pervasive dysfunction in the company culture? Is the damage to your well-being too severe to stay?
• Potential for Change: Does HR take these issues seriously? Have you tried addressing concerns with leadership, and is there any openness to improvement?
• Alternative Options: Do you have another job lined up or the financial means to quit before securing one? Having a plan eases the transition.

If You Choose to Stay: Additional Strategies

If leaving isn't immediately possible, focus on harm mitigation:

• Limit Interactions: Minimize contact with the gaslighter when possible. Communicate via email for documentation.
• Grey Rock Technique: Become emotionally unresponsive, uninteresting to the gaslighter, and therefore a less appealing target.
• Focus on Your Goals: What do you want to achieve in this role? Prioritize deliverables and minimize getting sidetracked by the negativity.
• Build Your Exit Strategy: Start networking, update your resume, and actively look for opportunities that align with a healthier work environment.

Remember: You Are Not Alone

Gaslighting and toxic workplaces are, unfortunately, far too common.  By building awareness, setting boundaries, and seeking support, you can protect your well-being.  If possible  be part of the change by advocating for a healthier work culture. You deserve a workplace where you feel safe, respected,  and empowered to do your best.