Impact of Covid-19 on Globalization and work culture in offices: A Critical Study

Abstract

The whole world is battling with the mammoth pandemic; COVID-19 has disturbed the work culture as well as global dependencies of economies across the globe and brought it to a standstill. India, a developing middle- lower income country with a massive population of 17.7% of the total world population, ranks second from top after China. This pandemic has led almost all the people of the country to deal with economic, social and emotional costs. An attempt in this study was made to investigate impact of globalization and work culture in offices focusing on understanding the changes caused due to COVID-19 on globalization, as our Hon'ble Prime Minister appeals for ATMANIRBHAR BHARAT and work culture in offices. We find that globalization has been impacted; people made shifts towards the Indian products and services with government also putting ban on various global trades and services. Work culture in offices shifted to work from home, the best alternative for now but faced criticism too; its feasibility would completely depend on the nature of the business/industry. In order to do this, an electronic questionnaire which portrayed answers to the above stated issues was constructed and surveyed. The approach of data collection was primary sources. The financial and psychological consequences of the Covid-19 have been substantial too many people. As businesses went bankrupt, many lost their jobs, and scores of people worldwide dealt with psychological crises of redundancies, isolation, and loneliness.