Laid-Off Tech Workers in India Struggle with EMIs, Seek Alternative Employment

Former high-earning software engineers in India, impacted by recent tech layoffs, are struggling to meet monthly loan payments and are resorting to alternative employment, such as riding for Rapido, highlighting the financial precarity in the tech sector.

11 Apr, 18:08 — 11 Apr, 18:08

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Times of IndiaMostly Factual129d ago

Laid-off techies battle EMIs; ex-engineer rides Rapido, Oracle staff speak out

A former software engineer, once earning Rs 40 lakh annually, now rides for Rapido in NCR to manage a Rs 95,000 monthly home loan EMI after a sudden layoff. This stark career shift highlights the precariousness of high-income tech jobs and the risks of substantial debt, leaving many professionals questioning their financial security in volatile times.

By TOI TECH DESK

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Laid-Off Tech Workers in India Struggle with EMIs, Seek Alternative Employment

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Laid-off techies battle EMIs; ex-engineer rides Rapido, Oracle staff speak out

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