Support for taxpaying professional
Amazon is laying off 14,000 employees, including in India, as AI takes over their roles.
The cruel part is how fragile private sector “stability” is. You get a job, start earning, feel settled, plan a future, buy a house on EMI, and one fine morning the company decides to “downsize”. Suddenly, you’re jobless. If a new job doesn’t come quickly, those EMIs can destroy your peace and your life.
And the govt! While you earn, you must pay taxes. The moment you lose your job, you’re on your own. Farmers get compensation when crops fail, despite many paying zero income tax, but a taxpayer losing his job gets practically nothing.
Maybe it's time to introduce reforms like make EMI pauses for few months more liberal for those who lose their jobs, and providing a time-bound monthly allowance for few months from the govt, except for disciplinary cases of course. Ladla/Ladlis can get free money, free ration, free water and electricity, so why not support a worker who has been paying taxes and contributing? more
The cruel part is how fragile private sector “stability” is. You get a job, start earning, feel settled, plan a future, buy a house on EMI, and one fine morning the company decides to “downsize”. Suddenly, you’re jobless. If a new job doesn’t come quickly, those EMIs can destroy your peace and your life.
And the govt! While you earn, you must pay taxes. The moment you lose your job, you’re on your own. Farmers get compensation when crops fail, despite many paying zero income tax, but a taxpayer losing his job gets practically nothing.
Maybe it's time to introduce reforms like make EMI pauses for few months more liberal for those who lose their jobs, and providing a time-bound monthly allowance for few months from the govt, except for disciplinary cases of course. Ladla/Ladlis can get free money, free ration, free water and electricity, so why not support a worker who has been paying taxes and contributing? more
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Sir First puchasing power income required not loans ? central govt has some responsibilty or not? RG On Thursday 30 October, 2025 at 02:42:45 pm IST, Sudesh Rai wrote: more
Nov 01
There should be unemployment compensation for a Fixed period of time based on the current salary with a maximum allowed monthly payment. This will help until you find another job. Also government can issue free food coupon for a Fixed period. EMI or any other commitment is between the lender and borrower. Government has no role in it. On a personal note one should have a savings of 6 months of salary set aside for emergencies. more
Nov 01
If you are or may be impacted: what is your current role (function/vertical) and how exposed is it to AI/automation? Roles in HR, operations, support, management are more at risk. Are you aware of the internal transfer / redeployment process in your company (Amazon or other)? Have you prepared your profile/resume accordingly? Have you planned for financial contingency (what if you are laid off)? How many months of expenses can you cover? Are you actively upskilling or exploring roles that are less likely to be automated (e.g., AI-related, strategy, very high-touch client work)? For India: How does local labour law apply? Are you eligible for any statutory benefits? Are you clear on the tax impact of any severance package? more
Oct 31
Manuel Aaron: Capital recommendation! I wish Kunal Roy had mentioned a couple of Unemployment benefits that currently exist. For starters, our Government could consider paying back the taxes collected from such former employees. Yes, "we are not so rich a country" But, are we not going to be a trillion dollar economy in the next few years? So, let us act like one! What worth is our money if it cannot help its tax-paying citizens in distress!? more
Oct 31
There are unemployment benefits. One can avail of them in accordance with labour laws. They may not keep up with one's lifestyle, but they're there. And in a not so rich country like ours, it's all that there is. more
Oct 30
