Harsh Reality of Corporate Job in 30s - Will Your career Suffer as You Age? | Layoffs 2024

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Due to same reasons people around my age group of 28-32 years are thinking 100s of times whether to get married or not.

hemanthsavasere
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1. Not taking Social Pressure in Buying liabilities like (Home, Cars…etc)
2. Earn as Much as u can, Save as soon as u can to handle any un certain situation which will also give us lot of confidence
3. Having more than one income & limit all expenditures to only one income
4. Market is very big u can do research and find a role or job that suits your preferences towards maintaining work life balance, sometimes switching from service to product or Start up to MNC’s and Vice Versa…

vijais
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India needs strict labour laws in favour of employees.. sacrificing health, family, social life everything for earning & then on sudden, lay offs. 8am to night 1am is inhuman

bikerboyneel
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No need to lose hope friends. Marriage is a blessing, provided you find a decent partner. There is no such thing as a perfect marriage. Current society and trends do not help, but you lose your time and chance as you grow old. Follow your heart, be honest, try to find happiness in little things, everything will be okay!

lokeshbangalore
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I am 35 and i own a house by the grace of AlMIGHTY, currently working in a MNC and I have seen the new generation who are coming up are more talented and have more knowledge than what we have, so now I understood it's very necessary to take up new task to keep yourself relevant in the organization.

khalidalvi
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This is so relatable... Post covid their is an drastic shift in the overall company's culture. Due to WFH the boundary b/w personal & professional space has been destroyed. Office calls after 7-8pm are part of regular routine which getting extended by 3-4hrs. Apart from what seniors in team are expected to do development & management work in not just their team but across teams. And appraisals have become joke now. 10-30% of CTC they are blocking in variable component. Housing & renta have sky rocketed. Its becoming difficult to survive in IT industry.

pawanmengade
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"Buying a property in metros is life time risk "
Never ending cycle of home loans will haunt!!!
Rather " invest in education "
It's my personal belief!

gauravnaik
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How much will we upskill ourselves. It is a never ending process and roi is almost zero as experience increases. The more we try ro upskill, the more is the instability in our job. With unstable job, it is not possible to plan the future like marriage, kids or buying a house. We end up in a rat race.

One way to move out is to save sufficient money and start something on your own, not necessarily close to your qualifications.

The issue is schools and colleges influence us towards work / become employee. But no institution teaches us how to convert the knowledge we have to money. We assume salary is the only way to make money. By the time we realise this does not work, we are too old to change our current path.

vinodr.g
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The unemployment problem is due to a few factors no one is taking about. First problem is due to women force getting into the job market. This has doubled up the numbers compared to a time decades ago when mostly men were there in the job market and women were homemakers. Obviously companies don’t create jobs to include this change in dynamics. Second reason is that divorce and rate of separation are very high and people are remaining single forcing every individual looking for a job again as compared to one person being the bread winner in the family decades back. The social changes lead by divorces, women liberation, empowerment, diversity, all these narratives have created this bubble. Third reason is that every one wants job and be a consumer rather than a producer or a farmer. Traditionally the economies were rural and people were in a large way self sufficient. Therefore, the main reasons are greed, laziness, glamour, etc. Fourth reason is corporations are extremely greedy and have accumulated immense wealth and are not putting the money into circulation. The money is circulating amongst the corporations, politicians, criminals and the media and is largely accumulated and not being utilised. Leaving the rest of the population gaping for breath

ShivMathur
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Well, Strength is to accept uncertainty as a norm. Live a non flamboyant life. Appreciate simplicity. Be ready to go to your hometown anytime, even if now you are enjoying the most cosmo life. Search happiness in small things.

laxankpurohit
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Great talk. Very relevant at these times.

tuepecto
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True!! Spending wisely is one of the Key!! Also continuous learning new things..

subratkumarpurohit
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The only way to secure your future is to build your own business. I built and launched 2 apps in 2 months, even though I didn’t know how to code. Don’t look around to see what the majority is doing. Look at what the successful is doing and replicate that.

thepramodgeorge
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Excellent video Pavan. Really love the way you present your views on current scenario of job instability, Home loans etc.

NitinKumar-lnow
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You study four years, another two spend on getting experience. Work four, maybe five years. The next projects require experience in different tools. You're laid off with... What? Learn to plumbing?

JPAGH
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Loved the fact that you brought out very genuine problems, would also love to hear little more genuine and detailed solutions that can help us .Thank You😀

robinshaw
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Thanks for talking about it. I have 20 years of experience. And this kind of pressure has always been there for me not just after covid. Family is a joke. I'm just considering myself as a product of my times and I keep going. Anything I try to do for bringing balance is only stressing me out, not making it better

chithu
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people in mid 30 realise the important of job stability and work life balance. none of the corporate jobs have it. in my org, a renowned 5k employees company they have increased the people kept in PIP from 5% to 15% so that they can indirectly layoff employees.

youtube-admin
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There are black sheeps /chamcha in every company. They can work like 12 hours/15 hours per day since they don't have personal life. Neither they had girlfriend nor they will ever find one. Because of them other employees suffer a lot.

debajyotibhowmik
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Highly relatable video, I am going through similar things that you explained, not able to make any personal commitments like buying home, marriage etc due to uncertainty.

krithikkumar