A Bengaluru-based CEO has spoken about the harsh impact of layoffs, sharing the example of a friend who lost his job soon after buying a new house and while preparing to welcome a second child.
Debjit Sen, founder and CEO of Engrow, shared a post on X about how layoffs affect salaried professionals far beyond the immediate loss of employment.
“Layoffs are so brutal,” Sen wrote, shortly after Oracle announced another round of job cuts.
Sen said one of his old friends had recently been laid off after purchasing a new house. The friend already has one child, while he and his wife are expecting their second.
Because of the sudden job loss, he is now worried about how to manage home-loan EMIs, childcare expenses and other financial commitments.
“One of my old friends was laid off recently. He has just bought a new house, and he and his wife are expecting their second child. Now he doesn’t know how he is going to manage the EMIs and everything else,” Sen wrote.
He said layoffs are not simply about losing a salary.
“This is what layoffs do to people. It’s not just about losing a job. It can completely disrupt someone’s life,” he wrote, adding that years of career-building can suddenly be thrown into uncertainty by a single email.
The post triggered a wider discussion about financial planning and job security.
One user said years of working in the tech industry had taught him to avoid large financial commitments, expensive cars, luxury purchases and other unnecessary expenses.
Sen agreed, saying he too had become more careful about spending after leaving his job and starting his own company.
Several others also said they had postponed plans to buy a house, arguing that maintaining financial flexibility is more important during uncertain economic conditions.
The discussion highlighted a growing concern among salaried professionals: when jobs become uncertain, large EMIs and long-term financial commitments can quickly turn into a major burden.
