Thu Apr 03 08:08:27 UTC 2025: ## OkCredit CEO Praised for Humane Approach to Layoffs
**BENGALURU, INDIA –** Harsh Pokharna, CEO and founder of fintech startup OkCredit, is receiving widespread praise for his transparent and compassionate handling of recent layoffs. Eighteen months ago, the company laid off 70 employees due to budgetary overspending. Instead of impersonal notifications, Pokharna opted for individual conversations with each affected employee, explaining the reasons behind the decision and offering support.
This support included career assistance, providing referrals and job leads. Remarkably, 67 of the laid-off employees secured new positions before their notice period ended. OkCredit provided an additional two months’ salary to the remaining three.
Pokharna’s LinkedIn post detailing the process contrasts sharply with the impersonal nature of many recent tech layoffs, where employees have been informed of their termination via email or even by being removed from company communication platforms. He criticized this approach, stating that while layoffs are sometimes necessary, the manner in which they are handled reflects company culture.
Pokharna’s post has garnered significant positive feedback on social media, with users commending his empathetic leadership and commitment to treating employees with respect, even during difficult circumstances. Many praised his willingness to take responsibility for the company’s mistakes and his proactive efforts to support affected individuals in their job search. The story highlights a stark contrast in leadership styles within the tech industry amidst widespread layoffs.
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