Newond

Newond operates in the HR services industry, providing specialized support for companies undergoing layoffs. The company offers a suite of services designed to alleviate the operational stress on HR departments during these challenging times. These services include planning and scheduling according to the company's situation, preparing contract templates and letters tailored to each state and country, and creating optimal severance packages. Additionally, Newond provides comprehensive outplacement assistance to help laid-off employees transition smoothly to new opportunities. The company also offers concierge services that provide one-stop assistance from layoff planning to packaging and outplacement, ensuring a seamless process. Newond's business model revolves around offering both software and concierge services, generating revenue through service fees and subscription models. The primary clients are companies of various sizes that need to manage layoffs efficiently while maintaining employee morale and compliance with local regulations. Newond operates in a niche market focused on HR back-office operations, particularly during layoffs, and aims to support companies in growing their business by reducing HR workload and stress.

Keywords: HR services, layoffs, severance planning, outplacement, contract templates, paperwork, concierge services, back-office support, operational stress, employee transition.