Haarkarjeetgaye Posted July 14, 2017 Share Posted July 14, 2017 The honeymoon is over... http://m.ndtv.com/india-news/techie-who-jumped-from-4th-floor-blamed-no-job-security-in-suicide-note-1724512?pfrom=home-topstories Pune: A 25-year-old software engineer from Andhra Pradesh who jumped off the fourth floor of a hotel in Pune early on Thursday cited 'lack of job security' in the industry in his suicide letter, the police has said.Gopikrishna Guruprasad also tried to slash his wrists before jumping off the hotel in Pune's Vimanagar area, the police added. "In IT there is no job security. I am worried a lot about my family," Guruprasad wrote in his note. The police were informed by the management of the hotel about the incident following which the 25-year-old was rushed to a hospital where he was declared dead on arrival. A post-mortem was conducted and the body handed over to his family.Guruprasad was working with an IT company in Pune and had earlier worked in Delhi and Hyderabad."In IT there is no job security. I am worried a lot about my family," Guruprasad wrote in his note. The police were informed by the management of the hotel about the incident following which the 25-year-old was rushed to a hospital where he was declared dead on arrival. A post-mortem was conducted and the body handed over to his family.Guruprasad was working with an IT company in Pune and had earlier worked in Delhi and Hyderabad.The suicide comes amid protests against massive layoffs by IT companies across the country. Many IT professionals have expressed concerns over reports of layoffs, which have majorly resulted from the increase in difficulty in acquiring H-1B visas. Most Indian Information Technology companies use H-1B visas to send employees to the US. A body of IT workers called the Forum for Information Technology Employees or FITE) is also reportedly set to get itself registered as the first union of techies in the country, to battle against large scale layoffs by IT companies and the toughening stance of developed nations on work visas and increasing automation in the industry. Link to comment Share on other sites More sharing options...
randomGuy Posted July 14, 2017 Share Posted July 14, 2017 Kal ek result aaya govt. Exam ka for which I had been preparing...mera rank#1 aaya hai 18000 logon me...I have been interacting with several people who were preparing for the same job. Bahut mara mari hai. Jobs ki bahut kami hai desh me...UBI (universal basic income) should be implemented soon. People and the society should also introspect that is it only the money and materialism where they are interested or they can be content with so-called smaller things. MechEng 1 Link to comment Share on other sites More sharing options...
Haarkarjeetgaye Posted July 14, 2017 Author Share Posted July 14, 2017 11 minutes ago, randomGuy said: Kal ek result aaya govt. Exam ka for which I had been preparing...mera rank#1 aaya hai 18000 logon me...I have been interacting with several people who were preparing for the same job. Bahut mara mari hai. Jobs ki bahut kami hai desh me...UBI (universal basic income) should be implemented soon. People and the society should also introspect that is it only the money and materialism where they are interested or they can be content with so-called smaller things. Help me understand what problem will UBI solve and how? Link to comment Share on other sites More sharing options...
Haarkarjeetgaye Posted July 14, 2017 Author Share Posted July 14, 2017 7 minutes ago, Under_Score said: Very sad this...only 25 years of age and he gave up....he should've looked for other alternatives...how is this going to help his family? If only he could have thought this much. Do companies in India offer counselling while firing? Link to comment Share on other sites More sharing options...
randomGuy Posted July 14, 2017 Share Posted July 14, 2017 (edited) 27 minutes ago, Haarkarjeetgaye said: Help me understand what problem will UBI solve and how? Exploitation, desperation etc. Rest, people have to lower their expectations on future job prospects.... Unemployment has to be seen like it's normal. In future, I see jobs only in Medicare, agriculture and processing, tourism and hospitality, restaurants , food joints sector. IT, manufacturing, infra, construction, finance etc. jobs won't be there like they used to be. Edited July 14, 2017 by randomGuy Link to comment Share on other sites More sharing options...
G_B_ Posted July 14, 2017 Share Posted July 14, 2017 to be fair the way the world is going there is no job security anywhere..... lots of workers giving way to machines even in the western world. I think this meme sums it up perfectly. Sidhoni, The Dark Horse, velu and 3 others 6 Link to comment Share on other sites More sharing options...
Ranvir Posted July 14, 2017 Share Posted July 14, 2017 This is sad. The big downside of capitalism.These things happen in the west as well. For all of the people stating that he should have been less materialistic - we get used to a certain lifestyle and it is difficult to downscale significantly, it hurts our ego too much. That is why lots of stock traders and millionaires who lose all their money commit suicide. Under_Score 1 Link to comment Share on other sites More sharing options...
G_B_ Posted July 14, 2017 Share Posted July 14, 2017 its not a question of should you be to materialistic. People should be earning enough to survive right? Link to comment Share on other sites More sharing options...
bleaf27 Posted July 14, 2017 Share Posted July 14, 2017 Job market is getting bad everywhere , there are cost cutting measures and with the education level rising up and more affordable - people on average are having bigger and better degrees and the level of competetition is up academically however with cost saving measures the jobs are actually on the decline. With technology , as was warned decades ago - a lot of jobs are at stake ! - Lot of work can be done by technology nowadays - Customer Service , Taxes , Information processing , Insurance quotes - all this can be done in minutes thus saving a lot of money for the companies but cutting down costs in manpower. Education is losing its value as it's an investment at the end of the day which may not pay off. Link to comment Share on other sites More sharing options...
G_B_ Posted July 14, 2017 Share Posted July 14, 2017 I was reading that Radiologists will be redundant in about 15-20 years with algorithms doing all the jobs. If you look at star wars extended universe all the medical diagnostics etc are done by computers. While I dont expect computers to fully replace doctors I think the sector will basically contract in terms of employment. Instead of hiring 10 doctors 2-3 will be hired to check out the really difficult cases. This is why India as a country really need to boost textiles. Its one of those sectors which is still relatively resistant to technology. Another aspect, the insurance industry is expended to contract 85% if we have self driving vehicles. cabbies will be all but redundant. But the fine dining industry will boom due to more people eating out as they dont have to pay for cabs. Vilander and velu 2 Link to comment Share on other sites More sharing options...
velu Posted July 14, 2017 Share Posted July 14, 2017 (edited) 44 minutes ago, G_B_ said: I was reading that Radiologists will be redundant in about 15-20 years with algorithms doing all the jobs. If you look at star wars extended universe all the medical diagnostics etc are done by computers. While I dont expect computers to fully replace doctors I think the sector will basically contract in terms of employment. Instead of hiring 10 doctors 2-3 will be hired to check out the really difficult cases. This is why India as a country really need to boost textiles. Its one of those sectors which is still relatively resistant to technology. Another aspect, the insurance industry is expended to contract 85% if we have self driving vehicles. cabbies will be all but redundant. But the fine dining industry will boom due to more people eating out as they dont have to pay for cabs. bangla is competing with us in textiles .. unless governemt supports , will be difficult .. dying factories without water treatment ( water treatment plant is costly for small dyeing firms .. like for 50L plant , it costs 25L to install treatment plant ) are not allowed and waterless dyeing is too expensive .. one thing my friends told is that its damn easy to get an export license now and no need to bother about settlements ( lettter of credit is available with most of the countries ) after modi came to power Edited July 14, 2017 by velu Vilander, G_B_ and randomGuy 3 Link to comment Share on other sites More sharing options...
Haarkarjeetgaye Posted July 14, 2017 Author Share Posted July 14, 2017 (edited) 14 hours ago, randomGuy said: Exploitation, desperation etc. Rest, people have to lower their expectations on future job prospects.... Unemployment has to be seen like it's normal. In future, I see jobs only in Medicare, agriculture and processing, tourism and hospitality, restaurants , food joints sector. IT, manufacturing, infra, construction, finance etc. jobs won't be there like they used to be. Read a bit about it. What is the amount being proposed and will that be enough for survival in case of no jobs? and what impact will it have on the fiscal burden. The money will have to come from somewhere. Edited July 14, 2017 by Haarkarjeetgaye Link to comment Share on other sites More sharing options...
randomGuy Posted July 15, 2017 Share Posted July 15, 2017 5 hours ago, Haarkarjeetgaye said: Read a bit about it. What is the amount being proposed and will that be enough for survival in case of no jobs? and what impact will it have on the fiscal burden. The money will have to come from somewhere. other subsidies will have to be cut of course. An annual amount of 8k-10k per Unemployed adult having less than 'x' bank balance (10k for metro, 8k for non-metro ) should probably be decent I guess (keeping in mind the possible impact on inflation, on fiscal deficit, how many people avail this obviously will have direct bearing on how much can be disbursed per person)....Both wife and husband can claim if both are unemployed...Bahut help ho jaega...probably will alter their decision to move to a metro in search of non-existent employment... Probably will save cities from over population, will give basic dignity in life to the poorest, saves from exploitation, desperation etc. Link to comment Share on other sites More sharing options...
MechEng Posted July 15, 2017 Share Posted July 15, 2017 20 hours ago, randomGuy said: Kal ek result aaya govt. Exam ka for which I had been preparing...mera rank#1 aaya hai 18000 logon me...I have been interacting with several people who were preparing for the same job. Bahut mara mari hai. Jobs ki bahut kami hai desh me...UBI (universal basic income) should be implemented soon. People and the society should also introspect that is it only the money and materialism where they are interested or they can be content with so-called smaller things. Congratulations on your result! I do recommend you to read Seth Godin's book Icarus Deception, he talks of connection economy which will run the future. This is an interesting read on connection economy - http://www.weareallconnected.co.uk/its-the-connection-economy/ Link to comment Share on other sites More sharing options...
Haarkarjeetgaye Posted July 15, 2017 Author Share Posted July 15, 2017 2 hours ago, randomGuy said: other subsidies will have to be cut of course. An annual amount of 8k-10k per Unemployed adult having less than 'x' bank balance (10k for metro, 8k for non-metro ) should probably be decent I guess (keeping in mind the possible impact on inflation, on fiscal deficit, how many people avail this obviously will have direct bearing on how much can be disbursed per person)....Both wife and husband can claim if both are unemployed...Bahut help ho jaega...probably will alter their decision to move to a metro in search of non-existent employment... Probably will save cities from over population, will give basic dignity in life to the poorest, saves from exploitation, desperation etc. Makes sense, though I doubt the financials. Is this already proposed as a bill or any talk around it. Link to comment Share on other sites More sharing options...
randomGuy Posted July 15, 2017 Share Posted July 15, 2017 (edited) 2 hours ago, MechEng said: Congratulations on your result! I do recommend you to read Seth Godin's book Icarus Deception, he talks of connection economy which will run the future. This is an interesting read on connection economy - http://www.weareallconnected.co.uk/its-the-connection-economy/ Thx bro. apologies to all for the shameless bragging :D This is good. TFS. It had already come to my mind. I had seen a possible issue with measuring the ‘Return on Relationships’ (ROR). As many of us believe in giving only for self-satisfaction, not for competing or for its reward points...remember 'neki kar aur kuwain de daal' etc. 33 minutes ago, Haarkarjeetgaye said: Makes sense, though I doubt the financials. Is this already proposed as a bill or any talk around it. Not as a bill afaik but talks were there I think. these figures are my own , based on random ~30/- per day. Edited July 15, 2017 by randomGuy Link to comment Share on other sites More sharing options...
WC2011INDIA Posted July 16, 2017 Share Posted July 16, 2017 @randomGuy curious...Which exam? Link to comment Share on other sites More sharing options...
vvvslaxman Posted July 16, 2017 Share Posted July 16, 2017 I am incredibly astounded at obsession of Andhra guys with IT jobs in America. They have a dedicated group of people who takes your interview for 500$. In Indian companies if they have power to hire they hire only telugu guys not from other states. Their resume is full of fake jobs, fake degrees. They resort to gambling a lot to make money. Money , money, money. They go to any length. Recently one guy killed daughter of his friend in a botched ransom attempt. Sorry for stereotyping. IT job is not the only job in the world. Wake up. There are lot more satisfying job out there. Link to comment Share on other sites More sharing options...
randomGuy Posted July 17, 2017 Share Posted July 17, 2017 9 hours ago, WC2011INDIA said: @randomGuy curious...Which exam? Ordinary post hai yar. Link to comment Share on other sites More sharing options...
jusarrived Posted July 17, 2017 Share Posted July 17, 2017 The guy was 25 and he was still in company provided hotel accommodation , which means he joined not more than 2 weeks back . The company he joined I think came in the Top5 best companies to work for in this years survey . I find it difficult to believe job security was the reason . if that indeed was the reason , I have no sympathy for such people . He was going to kill himself some day for some other reason anyway . Feel sorry for his father and sister , they are the ones who are going to suffer now . Link to comment Share on other sites More sharing options...
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