People have been grappling with layoffs almost every passing day, especially in the technology sector. In 2025, some of the biggest tech giants, like Oracle,
Microsoft, and Meta, laid off thousands of employees amid push towards efficiency and artificial intelligence (AI). The after effects of layoffs on the employees have been serious, varying from mental to financial distress. A recent tweet shared on X by a user named Wealth Whisperer has started a debate on the social media platform. The X user shared how her cousin’s husband bought a house worth 1.3 crore a couple of years back in Bengaluru with a monthly EMI of ₹78,000 per month and a down payment of ₹50 lakhs. The user added that he was working at Microsoft but was recently laid off and is currently leaving a very stressful life while managing EMIs and searching for jobs. A lot of people shared their experience in the comment section of the post. On user wrote, “If he is still young enough (less than 35-40) he will overcome- its a matter of time as Microsoft experience will definitely get him another good job-having own home always gives security. If he is old (45+) with teenage kids- it will be tough & lots of planning will be required.”
Story of my cousin Jiju -
— Wealth Whisperer (@chai_and_chat) August 16, 2025
Purchased flat in Bangalore couple of years back - cost 1.3 cr
Down payment - 50 lakhs
EMI - 78K/ month
Laid off by Microsoft recently and now living very stressful life.#layoffs
Property Purchase During Uncertain Times
Another user added, “The harsh reality of leveraged property purchases during uncertain times! Monthly EMI becomes a nightmare when income disappears. This story highlights why emergency funds matter more than dream homes.”
Similarly, another X user named CA Nitin Kaushik share a very similar story of one of his techie friend. He wrote, “A friend in Pune bought a ₹95L flat in 2021. Put ₹35L down, took a ₹60L loan. EMI: ₹52K/month for 20 years at 8.5 per cent interest. He recently lost his job. Now juggling interviews while worrying about EMIs. Buying property is easy. Holding onto it during downturns — that’s the real challenge.”
A friend in Pune bought a ₹95L flat in 2021.
— CA Nitin Kaushik (@Finance_Bareek) August 18, 2025
Put ₹35L down, took a ₹60L loan.
EMI: ₹52K/month for 20 years at 8.5% interest.
He recently lost his job.
Now juggling interviews while worrying about EMIs.
Buying property is easy. Holding onto it during downturns — that’s the…
Oracle Layoffs
Meanwhile, Oracle recently laid off a massive number of employees in India, with nearly 10 per cent of its local workforce affected. The tech mammoth has taken this step to restructure its operations and push further investments in artificial intelligence (AI) infrastructure.
