How About the Psychological Pandemic? Perceptions of COVID-19 and Work–Life of Private Sector Employees—A Qualitative Study

COVID-19 had a devastating and profound impact worldwide. The business world has been turbulent, and countries' economic landscape has shown dismal performance. There have been massive downsizing of employees and deductions of pay in most organisations as the pandemic outbreak negatively impacted the business environment. The study aimed to analyse the impact of COVID-19 on the psychology of employees working in private organisations. A qualitative analysis was conducted with 22 middle-level Indian employees employed in private sector organisations. Content analysis was performed from the transcripts and themes; coding categories were developed. Participation in the study was voluntary and was carried out through informed consent. The results demonstrated that the participants experienced psychological stress, social disconnectedness, and a sense of loneliness over the lockdown period. Furthermore, the semi-structured interviews also revealed the perceptions of the job, career prospects, and the fear of the imminent looming future ahead. The pandemic has raised serious questions on the employee’s mental health and engagement issues. Managerial implications have been discussed with suggestions to alleviate the current professional and psychological challenges.