Namma Updates

Layoffs are happening across the board, but this company says it won’t be cutting jobs

Layoffs have become widespread across industries, particularly in the technology sector. From global tech layoffs to recent cuts at Oracle and job reductions in India, companies are downsizing their workforce to control costs and adapt to shifting demand.

Amid this trend, one company has chosen a different path. UAE-based real estate firm BNW Developments has announced a zero-layoff policy, even as job cuts in India and across global markets continue to dominate headlines.

The company has stated that it will not implement job cuts despite ongoing global uncertainty. It has pledged to retain its workforce and ensure salaries are paid on time without any delays.

BNW Developments said salaries are being paid in full and on time, while internal promotions and hiring for senior roles continue.

The company has a workforce of around 650 employees and said its approach is centered on ensuring stability and support for its staff during uncertain times.

Ankur Aggarwal, Chairman and Founder of BNW Developments, said the company views its employees as a family it is responsible for.

“I don’t see 650 employees – I see 650 families who have entrusted us with their careers,” he said.

No Layoffs Even as Job Cuts Continue Elsewhere

The announcement comes at a time when layoffs in India and across global markets have gained momentum once again. Several companies – particularly in the technology sector – have announced job cuts in recent months.

Layoffs at Oracle have also drawn attention, sparking concerns over whether companies are cutting jobs due to overhiring or a shift toward AI-driven operations.

Across the industry, companies are becoming more cautious with hiring and are prioritizing cost control. This shift has resulted in both large-scale layoffs and smaller, phased job cuts.

In contrast, BNW Developments has said it will continue with its workforce without any reductions.

Operations and Projects Continue

The company said its operations remain stable, with construction activity continuing across multiple sites and no changes to project timelines.

Construction work resumed within two weeks of recent disruptions, while worker support – such as accommodation and basic necessities – has continued without interruption.

This indicates that BNW Developments is prioritizing operational continuity rather than relying on layoffs as a cost-cutting measure.

While this approach stands out amid rising layoffs in India and global job cuts, it may not be a model that every company can adopt.

In sectors like technology, layoffs are often tied to evolving business models, automation, and slower demand growth. Job cuts at companies such as Oracle reflect a combination of cost pressures and a shift toward AI-driven efficiency.

In contrast, real estate firms tend to operate differently, with workforce decisions influenced by project pipelines, funding availability, and demand cycles.

This contrast highlights how companies are responding differently to the same economic environment. While many are reducing headcount, others are choosing to retain employees and absorb short-term pressures.

For employees – especially at a time when layoffs in India are increasing – such announcements offer a degree of reassurance. However, the broader trend still points toward cautious hiring and continued cost control.

As layoffs, including those in the tech sector and at Oracle, continue to shape the job market, the debate remains whether these cuts are the result of past overhiring or a deeper shift toward automation and AI.

For now, the zero-layoff policy stands out – but whether it becomes a broader trend will depend on how long the current uncertainty persists.

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