The corporate world in India operates in similiar way.
The defination of loyalty was different two decades back, employers earned loyalty but now they demand it.That too single sided.
The Hire & fire events are more in the corporate world. Irrespective of methods, ethics the achievement of targets are paramount. The treatement is similiar even to the professional who have served years in organization & due any reason if the targets are not achieved in any single period they are also axed in similiar way....