India, April 24 -- Many companies have had to announce layoffs, pointing to the increasing demand for workforce management. For instance, Intel is set to lay off more than 20% of its workforce to simplify its operations and Google, Amazon and Salesforce have also reduced the staff in line with broader cost cutting plans. With thousands of employees around the world being laid off, outplacement services have become a great solution for companies seeking to assist their departing staff.

Outplacement services can typically provide career coaching, job search services, emotional support and people who can meet or bend with employers, all to help people more successfully transition into new positions. Where there is no communication for emplo...