5 ms·

Interestingly no comments from anyone in India considering that is the largest tech market outside the US and where majority of jobs are moving to and India see

by nus07 4y ago

Interestingly no comments from anyone in India considering that is the largest tech market outside the US and where majority of jobs are moving to and India seems to be one of the few countries growing and projected to do well in this economic slump environment. I guess all their developers are busy working so no time for HN.

unmole 4y ago
The thread was posted 3 hours ago when it was 5:45 AM in India.
qzuipo 4y ago
India: Layoffs are happening more in the startups here. A lot of startups in the past few years hired like crazy and salaries also went through the roof. Established companies had tough time retaining people. Service companies are scaling down hiring, reducing the salaries for freshers and delaying onboarding. https://timesofindia.indiatimes.com/business/india-business/wipro-halts-its-programme-to-up-freshers-pay/articleshow/98108006.cms?from=mdr https://timesofindia.indiatimes.com/business/india-business/...
foobazzy 4y ago
India. Was laid off in August while working for a US-based company. My first layoff in a 10-year career. Still looking for a job. I'm broke. As in "can't pay my bills next month" broke. People are hiring but remote jobs are hard to find. (I have family responsibilities and cannot relocate) I did find jobs. People who took 7 rounds of interviews then never released an offer letter. AFTER verbally confirming that I'd gotten the job. This has happened thrice now. I started with asking for $5000/mo (last drawn). But now, I'm willing to work for anything that pays the bills. I'm in dire need and at my wit's end.
- Handprint4469 4y ago
  One of my Indian coworkers mentioned once in passing that he could cover his living costs for the year using 2 months' salary (we work for a US company, yearly salary is below 6 figures). He implied that he could stop working and live comfortably for 20+ years using what he had saved in the past 5 years. Is your situation special, or are your monthly expenses that much higher?
  - fellellor 4y ago
    Probably the latter. Must have bought a fancy house, kids go to the best schools in the city etc. I’m not saying this in a disparaging way, but the fact is that cost of living in India is still pretty low if you settle for 2nd or 3rd best.
    - deleted 4y ago
      [deleted]
    - foobazzy 4y ago
      OP here. Not true. [Saying anything further will probably lead to a tangential debate. Will digress from root Ask HN]
      - Handprint4469 4y ago
        I'm interested in your answer, not because I'm looking for a debate, I'm just curious about the situation in general. But I also understand if you don't want to go into it. In any case, I wish you the best.
  - foobazzy 4y ago
    [edit: removed: probably will invite debate on a tangential issue]

by nus07 4y ago

unmole 4y ago

The thread was posted 3 hours ago when it was 5:45 AM in India.

qzuipo 4y ago

India: Layoffs are happening more in the startups here. A lot of startups in the past few years hired like crazy and salaries also went through the roof. Established companies had tough time retaining people. Service companies are scaling down hiring, reducing the salaries for freshers and delaying onboarding. https://timesofindia.indiatimes.com/business/india-business/wipro-halts-its-programme-to-up-freshers-pay/articleshow/98108006.cms?from=mdr https://timesofindia.indiatimes.com/business/india-business/...

foobazzy 4y ago

India. Was laid off in August while working for a US-based company. My first layoff in a 10-year career. Still looking for a job. I'm broke. As in "can't pay my bills next month" broke. People are hiring but remote jobs are hard to find. (I have family responsibilities and cannot relocate) I did find jobs. People who took 7 rounds of interviews then never released an offer letter. AFTER verbally confirming that I'd gotten the job. This has happened thrice now. I started with asking for $5000/mo (last drawn). But now, I'm willing to work for anything that pays the bills. I'm in dire need and at my wit's end.

Handprint4469 4y ago
One of my Indian coworkers mentioned once in passing that he could cover his living costs for the year using 2 months' salary (we work for a US company, yearly salary is below 6 figures). He implied that he could stop working and live comfortably for 20+ years using what he had saved in the past 5 years. Is your situation special, or are your monthly expenses that much higher?
- fellellor 4y ago
  Probably the latter. Must have bought a fancy house, kids go to the best schools in the city etc. I’m not saying this in a disparaging way, but the fact is that cost of living in India is still pretty low if you settle for 2nd or 3rd best.
  - deleted 4y ago
    [deleted]
  - foobazzy 4y ago
    OP here. Not true. [Saying anything further will probably lead to a tangential debate. Will digress from root Ask HN]
    - Handprint4469 4y ago
      I'm interested in your answer, not because I'm looking for a debate, I'm just curious about the situation in general. But I also understand if you don't want to go into it. In any case, I wish you the best.
- foobazzy 4y ago
  [edit: removed: probably will invite debate on a tangential issue]