Techies As Rapido Drivers To Pay House Rents

Across major cities from Greater Noida to Bengaluru and Hyderabad, the situation of IT employees living in gated community apartments has turned distressing after widespread job losses.

For many tech professionals, the biggest burden is not the loss of routine but the pressure of heavy home loan EMIs that suddenly feel impossible to manage.

Unable to sustain monthly payments, several have begun selling their flats out of fear that they will default.

Many are shifting back to rented homes, where rents ranging between Rs 20,000 and Rs 30,000 still pose a serious financial strain. Yet, compared to the risk of missing EMIs, renting appears to be the safer option.

To make ends meet, some former IT employees are taking up alternative jobs such as working as Rapido drivers.

The crisis reflects the harsh impact of layoffs, limited job openings and the growing influence of AI on the employment landscape.