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Gameloft shutdown its Hyd office


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Agreed with everything but not your last paragraph. Not everyone has nothing saved after 4 years of working in IT industry. If at all the software industry falls down, I have backups. Hell, I have backups for my backups.

 

Like I said, in peace make preparations for war. Don't wait for disaster to find you, prepare in advance. We guys get paid more than our "operating costs" for a month. Its only logical that we save up for such tough times. Unless you're partying it all away, I dont see how its difficult.

 

This. I agree with Athek, getting fired feels lousy, but that's the reality of being employed in private sector. You get to travel around the world, get amazing hikes and perks like free food at office and all, but it all comes with a certain amount of uncertainty. So, be prepared always (although its easier said than done). Don't take on more commitments than you can handle !

 

Also, sometimes, you never know, getting fired can be the best thing to happen. Even steve jobs got fired , and look how he turned up ! I myself know a couple of guys who got fired, got a much better and stable job later !

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Hope the affected folks get a good job soon.

 

As people have already mentioned lay offs can happen anytime in the private sector; this is one of the reasons why you should always keep your skills sharp.

 

But I think during closures of offices/branches it is the company's moral responsibility to at least assist its employees in getting another job by partnering with Consultancies so that the employees are not completely lost; unless off-course if the company goes bankrupt and does not have the necessary capital for the same.

 

 

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