Expenses without income

Last year the topic of discussions in coffee shops in Bengaluru was the downturn in the start-up sector. This year the discussions centre on job losses in top information technology firms and what the next move should be for those who were laid off. With hefty salary packets a thing of the past and without adequate skills in new technologies, they are caught in a bind. One senior executive, who lost his job recently, said the problem for people like him was more fundamental: “With no suitable jobs in the market, my biggest challenge is to adjust to a new