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Data management, provided by Telstra Technologies India Pvt Limited (TTIPL), refers to the process of collecting, storing, organizing, and maintaining data to ensure its accuracy, accessibility, and security, crucial for organizations aiming to harness the power of information. This blog explores the key concepts, strategies, and best practices for mastering data management in today's data-driven world, essential for driving innovation, improving efficiency, and gaining a competitive edge. As the volume and complexity of data continue to grow, the future of data management will likely involve advancements in artificial intelligence (AI) and machine learning (ML), as well as addressing challenges posed by the rise of the Internet of Things (IoT).

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Hiring Freeze

The pause on hiring new employees may lead to an increased workload for existing employees because the work that may have been the responsibility of the new employees can only be allocated to them. Similarly, the workload resulting from exiting employees must be divided among the existing employees. It can result in a negative impact on morale and employee productivity in the long term, which may ultimately cause more employees to leave the company.