Govt doesn’t care if you lay off tomorrow!
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You’re just a tax assess; who pays a certain amount. Even if few millions get laid-off then they will just make the tax assessment more stricter & counter balance it. But what will you do?
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Always have a good Medical insurance & Term plan. Avoid unnecessary loans & investments. Expensive schools big No, expensive cars No etc.
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Live below your needs; you will save more.
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Layoffs has not started yet in India but I can confirm this will be replicated everywhere soon. Layoffs, no hiring HC, no hikes, etc.
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You can’t do anything, even up-killing won’t help. That window has closed now unless you’re working on Co-pilot deployment like strategy.
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If corporate ask you to work for 12 hours; work without revolt. Because under 1/3 of your pay someone similar in Philippines, Indo, Thai, Vietnam will work for more hours. Don’t let that scenario become a trend.
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Agree about some points. But most of your points are just causing fear-mongering.
You say about millions getting laid off, as if the government or affected people wouldn't do anything about it in that large scale scenario? Millions getting laid off won't affect government taxes and the Indian economy?
And most corporate employees in India are already working 10-12 hours so your bullshit "work without revolt" phrase doesn't make sense, most south and south-east Asians are already overworking for the West because of the lack of options or high competition.
This is the most gpt vibe post, again the only thing we need right now is good labour laws to begin with. Something along the lines of employers being held accountable and so do the working class.
Even laws cannot stop 🛑 layoffs. They just have WARN ACT in California.
Yes, EU like German & Swiss laws are stronger but again we can’t be that.
That's what I meant both the sides needs to be held accountable a tad bit. It's not possible to have EU like laws as our country runs on freebies only. Moronic to be honest but it's another 200 years of this assinine way of living is when this country will change not now not in 50 years.
Agree with most of the points.. But mass layoff in IT industry will disrupt the economy indirectly for sure
Yes it will & it should; then only govt will take action.
What action are expecting from govt ?
Lay offs are happening across Globe due to AI adoption. So tell me what govt should do in this case?
We are over relying on US outsourced projects so obviously all these will be laid off soon or later for sure.
Agree bro. Many indian teams are getting replaced by Vietnamese.
I dnt think they have such huge population as of ours to replace us
Read jensun stmt, one who uses AI will replace 100s of employees. And Indians are not even ready to acknowledge it.
2nd is all of 140cr people in IT only?
If you've ever spoken to someone from phillipines/Vietnam you'll understand how far behind they are in communication. I used to think Indian accent is hard to understand lol. Then comes skills, if your skills are so easily replaceable, you're in the wrong role. You should focus on mastering your skills, Noone can replace you easily then
Posts like this don’t exist in China. 🇨🇳
Cause CCP is shit?