Overview
- An IIT alumnus with 18 years of experience says a Nifty50 restructuring left him jobless for seven months after earning ₹70 lakh annually, with savings nearly gone and only two months of runway.
- The post, treated by outlets as unverified user content, says he received only a few consultant calls and two interviews despite using LinkedIn, Naukri, references, and paid services.
- Online responses describe a deteriorating hiring climate for mid- and senior-level roles, with suggestions ranging from networking and relocation to pay cuts, consulting, startups, and retitling experience.
- Behavioral researcher Dharmesh Ba calls it a “strange” market, arguing that 2021-era pay for experienced staff remains inflated as some skills lose relevance, while LLM-augmented graduates are producing strong work.
- Coverage places the case in a wider reset that includes Tata Consultancy Services’ plan to trim about 2% of its global workforce—roughly 12,000 roles—as it adapts to rapid advances in AI.