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IITian's Financial Struggle After Nifty50 Layoff Sparks Debate on White-Collar Job Market in India

Economy

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Published on 20th November 2025, 6:34 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

An IIT graduate with 18 years of experience, previously earning Rs 70 lakh annually at a Nifty50 company, shared his severe financial struggles after a layoff due to restructuring. He now faces a two-month runway, significant financial strain from a new house EMI, and immense stress for his family. Despite extensive job searching via LinkedIn, Naukri, and consultants, he has received very few calls and interviews, highlighting the tough job market for mid- and senior-level professionals in India.