Skip to main content

IT employees are getting suicidal fearing job-loss.



IT in India, which is so far enjoyed the position of 'most placed' in the job market has suddenly lost its sheen. Blame it on Trump's administration, which has asked the IT firms to hire locally and not to import techies in the USA isn't enough. To top it up is the automation that will eat up the manual IT job market in next five years.

With all these issues playing spoilsport, the ultimate victims are the techies who were until now well settled and living a good life. With job security gone for a toss, there have been reports of suicides across the country. Last week a techie in Pune, having lost his job jumped to his death. Tech Mahindra has fired an employee giving 24-hour notice. An online counselling platform, YourDost told Economic Times that distress calls have gone up since last few months. They have also launched 'Fired to Fired Up' in June to deal with surge in the distress calls. It has received 260 odd calls and 800 chats last month.

While the maximum number of callers was from Bangalore, give the Silicon Valley status of the place, Maharashtra, Delhi, Odisha and Himachal Pradesh also had large number of callers seeking help.

Finding no other way, the companies are also seeking psychological help for their employees. They assisting them with mental support in case of job loss. However, an IT employee in Bangalore sarcastically said, "If you kill somebody and sit next to the deadbody and say sorry, will that help!"





Source: Business Insider
More @Technapping.com

Comments

Popular posts from this blog

WTF is bitcoin cash and is it worth anything?

Early yesterday morning bitcoin’s blockchain forked — meaning a separate cryptocurrency was created called bitcoin cash . The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates a duplicate version that shares the same history. So all past transactions on bitcoin cash’s new blockchain are identical to bitcoin core’s blockchain, with future transactions and balances being totally independent from each other. For practical matters, all this really means is that everyone who owned bitcoin before the fork now has an identical amount of bitcoin cash that is recorded in bitcoin cash’s forked blockchain. But it’s not exactly this easy. If you control your own private keys, or hold your bitcoin in an exchange that said it would credit users’ balances with bitcoin cash, you’re fine and can access your newfound cryptocurrency right now. If you held your bitcoin with a provider like Coinbase, which said before the fork t...

Google Maps suggests BlaBlaCar for long-distance rides

Google Maps on Android and iOS now has a new transportation option. If you live in a country where French startup BlaBlaCar operates, you can now open the BlaBlaCar app and book a ride straight from Google Maps. Google isn’t adding a new tab just for BlaBlaCar. Instead, BlaBlaCar appears as a new option in the public transportation tab. For instance, if you’re looking at ways to go from Paris to Lyon, Google Maps suggests taking the TGV train — and now also BlaBlaCar. The app gives you an ETA for each transportation mode so that you can compare how long it’s going to take if you opt for the train or BlaBlaCar. Google Maps uses the same ETA for BlaBlaCar and a normal car ride. It also estimates the cost of a BlaBlaCar ride. BlaBlaCar is a ridesharing service for long-distance rides between two cities. It has tens of millions of members in dozens of countries. Think about it as a sort of Airbnb for carpooling. When you are driving from one city to another, BlaBlaCar can help you fi...

Carwow, a UK startup that helps you buy a new car, raises $39M Series C

Carwow , a platform that helps you buy a new car, has closed $39 million in Series C funding. The round was led by new investor Vitruvian Partners, with existing investors Accel Partners and Balderton Capital also participating. At today’s exchange rate it brings total funding to approximately $62.6 million. Founded in late 2010, Carwow originally launched as a car review aggregator before pivoting to become a site that claims to improve the experience of buying a new car. It allows consumers to compare offers online and buy directly from ‘trusted’ dealers that are registered with the platform, specifically avoiding the arduous but otherwise necessary requirement to haggle over price and in a way that potentially introduces more transparency. Specifically, through Carwow you can research, select and configure new cars before receiving and offers from U.K. franchised dealers. The idea is that you can then make an informed decision on those offers based on price, location, dealer rating...