The recent decision by tcs to lay off 12,000 senior and mid-level employees is a wake-up call for every working professional, especially in the IT sector. No matter how established or stable a company may seem, job security is no longer guaranteed in an era of rapid technological disruption and shifting business priorities.
It’s critical to be financially prepared for such unforeseen events. Building an emergency fund that covers at least 12 months of your essential expenses and parking it in liquid, stable assets—like a high-interest savings account or liquid mutual funds—can be the difference between panic and peace. This buffer gives you time to reassess, upskill, or transition into new roles without the added stress of financial instability.
Another crucial yet often neglected area is insurance. Most employees rely solely on their corporate-provided health and term insurance, but these benefits cease the moment you're laid off. Ensuring that you and your dependents are covered under independent term and health insurance policies is not just a safety net—it’s a necessity. health emergencies and life uncertainties don’t wait for job security. Having these protections in place means that even in times of employment gaps or job transitions, your family’s well-being isn’t compromised.
Lastly, and perhaps most importantly, this is a clear signal to pursue upskilling relentlessly. The fear isn't that AI will take your job—it’s that someone else who knows how to use AI better will. The nature of work is changing fast, and professionals who can adapt, learn, and leverage emerging tools like generative AI, automation platforms, data analytics, and cloud technologies will always stay relevant. Lifelong learning is no longer optional—it’s the only way forward in a job market that increasingly rewards agility over seniority.
It’s critical to be financially prepared for such unforeseen events. Building an emergency fund that covers at least 12 months of your essential expenses and parking it in liquid, stable assets—like a high-interest savings account or liquid mutual funds—can be the difference between panic and peace. This buffer gives you time to reassess, upskill, or transition into new roles without the added stress of financial instability.
Another crucial yet often neglected area is insurance. Most employees rely solely on their corporate-provided health and term insurance, but these benefits cease the moment you're laid off. Ensuring that you and your dependents are covered under independent term and health insurance policies is not just a safety net—it’s a necessity. health emergencies and life uncertainties don’t wait for job security. Having these protections in place means that even in times of employment gaps or job transitions, your family’s well-being isn’t compromised.
Lastly, and perhaps most importantly, this is a clear signal to pursue upskilling relentlessly. The fear isn't that AI will take your job—it’s that someone else who knows how to use AI better will. The nature of work is changing fast, and professionals who can adapt, learn, and leverage emerging tools like generative AI, automation platforms, data analytics, and cloud technologies will always stay relevant. Lifelong learning is no longer optional—it’s the only way forward in a job market that increasingly rewards agility over seniority.
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