Why am I so afraid to loose my job? Just 25-26yrs old. The thought of getting fired and then finding no employer for 4-6-8 months and that struggle during that phase, scares me.

Anyone in the same situation? What would veterans suggest?

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Let me tell you a fact - vegetable sellers earn 1 lakh per month , chai wala gets 60k per month. With your education, earning 1-2 lakh is easy.. your job doesn’t define you.. I am an mba and my answer to all this layoffs is simple - isse jyada tooh me life insurance or sabun tel bech ke kama lunga…

funnylike

Consulting manager:
1) Anecdotal examples don’t tell the full picture - we need to look at median or at 75th percentile ‘net income’
2) Need to look at net income, not top line figure. Subtract cost of goods, overheads, interest costs, capex depreciation from the revenue.

P.S.

My current situation is like this I'm continuously anxious and scared due to this thought. I don't even take leaves and half of them would lapse this year. Basically I have sold my freedom and peace for the salary I'm getting. The thought of having no job have made me slave.

For person like me there is no weekend, the fear of next weekend starts scaring. The mental peace is lost. Not able to enjoy anything. I refrain meeting new people, discussing anything about me. I'm not settled and hence I am always avoiding situations.

I have stopped thinking about family, friends and other future plans except this job. I am always in kind of stress because of constant thinking about job. My life has become completely job centric and surviving here and not getting fired

A Little background, I was a bright student during school and college. Did graduation from NIT. But after joining the corporate whatever I dreamt of just got shattered and it eventually came to survival.
Mistake that I made was joining a service based company because it was first company to visit and gave 7lpa as a fresher. They didn't disclose the technology till the reporting date and randomly assigned no so good technology. I heard about that on the very first day of my first job. I ended up in consulting. No product based firms hire for this. Then started thinking of making a career in this only.
Kept working in this technology only and even switched to big4 thinking life would get better. But it's getting worse everyday. I'm not able to cope up with my job. Now I'm frustrated person. As experience is close to 3.5yrs so not able to change the technology as I would have to start my career again as a fresher. Life is messed up. I have lost myself in the process till now. I have no confidence now and hence always anxious and stressed.

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Hi, Please don't lose hope and invest in up skilling yourself.
I was in Big4s in a very niche (read frustrating) segment for 7 years.
Invested in Cloud, AI (Emerging Tech.) and have got myself outside of that segment.
Life is not all about job and salary. Things like mental peace and satisfaction will give you sth that can not be bought from money.
Get out of that place if you feel like stuck.

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Why be afraid ? Keep at minimum a savings of 1 year of your family expenses. Recessions will come , we might find ourselves redundant , or your boss is a vindicative bitch or your project is from hell and they might dress you up as a scapegoat. We can't control that, we can control our effort, learn new technologies, there are always companies looking for talent. If you are learning new skills or improving your current skills then don't fret. Jobs don't define us. But if you are short on savings then suck it up and build this war chest.

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I will suggest to take life as it comes to you. Jo hua hi nhi... uski chinta mein reh kar kya faida... What if aisa kuch ho hi na... par u wasted your time, peace for something that did not even happen...

Jo hoga dekha jayega..

Study well to upskill. Be ready and enjoy today

Carpe diem

likehelpful

I am in the exact phase . My age is 25 and I have 4 YOE ~17 LPA CTC. I am in a service company and guys are usually overpaid here compared to industry standards and I am actually on the lower average end of the salary spectrum. I still do not have any emergency fund. I am scared to take a home loan with a "private" "IT" job since it's highly volatile (another reason is I don't have money for down payment). I do not feel confident because all my career I worked in low code platforms. I haven't written (copy pasted) more than 50 lines of code in my life. I would like to smoothly transition to a product company but I know it is very hard. I am even hesitant on getting married right now since I think my job is too volatile.

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All the 3-4 reasons regarding home loan, down payment and marriage apply to me as well. I'm also not doing this because I have a private job. I'm working in consulting and providing services has made my life hell.

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I feel the same

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I would suggest go for higher education.Due to recession fear we are also experiencing the same situation .Don't overthink do your job at best.

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I feel the same

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YOE is 3.5 years. Can you please help with the current CTC?
Sometimes, the only reason you feel whatever you are feeling is too much growth too soon

funny

ok then you have nothing to worry about.. at 3.5 YOE, you are amongst the "fair to lowly" paid and nowhere near to folks who are absurdly paid (30 LPA to 40 LPA at this experience)
My suggestion is keep trying to switch to product based. Currently, both your experiences have been in service-based only and hence you are feeling so low. Once you go to a product-based and experience the calm smooth job & security, you will stop feeling all this..
Be strong, keep applying, things will be better sooner than later!

Please note - Not all service based are bad. Similarly, not all product based are good.

likefunny

Going through same phase😞

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