Archive · 20 Aug 2025

Tech Layoffs Cause Financial Hardship, Affecting Employees' EMIs

Tech Layoffs Cause Financial Hardship, Affecting Employees' EMIs

Many tech companies, like Oracle, are laying off employees, causing problems for those affected.

People who recently lost their jobs are now struggling to pay their monthly home loans.

One person described how his cousin's husband, who worked at Microsoft, had to deal with EMIs and was searching for a new job after getting laid off.

This situation highlights the difficulty of managing debts like home loans when income stops.

Sources