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IIT Graduate Jobless 7 Months After ₹70L Nifty50 Layoff

IIT Graduate’s 7-Month Job Hunt Exposes Mid-Career Crisis

An IIT graduate formerly earning ₹70 lakh annually at a Nifty50 company has been unemployed for seven months, revealing severe challenges facing India’s mid-level tech professionals.

Key Takeaways:

  • Former IT manager with ₹70L salary jobless for 7 months
  • Laid off weeks after buying new home, now renting property to cover EMIs
  • Only two interviews despite premium job portal subscriptions

Financial Emergency Unfolds

The manager was laid off during company restructuring just weeks after exhausting his savings on a new home. He now rents out the property to cover loan EMIs as his financial safety net disappears.

“My savings are depleting really fast… I have a runway of just two months,” he revealed on Reddit.

Despite paid LinkedIn and Naukri subscriptions, his job search has yielded minimal results: “In seven months, I have only received a few calls from consultants and just two interviews.”

Industry-Wide Mid-Career Struggle

His post resonated with numerous tech professionals experiencing similar hiring slowdowns for mid-career roles. Middle management positions appear particularly vulnerable, squeezed between entry-level talent and senior leadership.

“At this level, options are few. I’m okay with lower pay, but I’m not even getting calls. It’s all crashing down,” he wrote, noting the heavy personal toll on his family.

Community Responses Highlight Systemic Issues

One commenter described being in the “same boat,” blaming automated resume filtering: “Recruiters ghosting, no calls. AI filters don’t care who you are.”

Another suggested extreme financial measures: “If money is a challenge, liquidate ancestral land or gold.”

A third called the current IT job market “brutal” and emphasized: “One should always have multiple income sources,” revealing he supplements income through .

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