What this means for you

Thoroughly research the financial stability and recent layoff history of companies you interview with to assess job security. Be prepared to articulate your value clearly and negotiate for a stable role, acknowledging the current market volatility. A Rs 40 lakh-earning techie was laid off and has just two months of savings left, while managing a Rs 2 crore home loan, Rs 30 lakh personal loan and a baby on the way.