Hr News

Surging layoffs plunge techies into depression

Source ||  BY:Ranjani Ayyar & Sunitha Rao 

* “In IT there is no job security. I’m worried a lot about my family”: This is the note a Pune-based techie wrote before he jumped to his death on Wednesday.

* A man in his 60s says his daughter, who used to work with an IT firm, had suddenly gone silent. It was only when she went for counselling, her parents found she had lost her job but still “left for work” every day.

The layoffs in the IT sector this year – from biggies like Wipro, Infosys and Tech Mahindra to smaller companies – have caught thousands of young professionals off-guard. Many are turning to psychologists and online counselling platforms to deal with anxiety and stress. YourDost, an online counsel ling and emotional wellness platform, launched a `Fired to Fired Up’ session last month to deal with the surge in distress calls. It received some 260 calls on the toll-free number and 800 chats in just three days (June 29-July 1).

Among the calls received during YourDost’s 3-day drive to address layoffs, 43% were from the IT industry. The maximum number of calls were from Karnataka (15%), followed by Maharashtra (12%) and Delhi (11%). Calls were also received from parts of the northeast, Odisha and Himachal Pradesh.


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