Heartbreaking Layoff Story: Engrow CEO Debjit Sen Shares What His Friend Faced After Job Loss Amid Home Loan Burden
Engrow CEO Debjit Sen has highlighted the financial strain caused by sudden job losses, sharing the story of a friend laid off shortly after purchasing a new home. The individual and his spouse are expecting their second child, raising concerns over mortgage payments and family expenses. The discussion has prompted calls for emergency savings and financial caution.
Recent corporate downsizing waves across the technology sector have prompted widespread discussions regarding employment stability and the profound personal impacts of sudden job losses. Debjit Sen, founder and CEO of Engrow, has drawn significant attention online after sharing a detailed account of how abrupt terminations destabilise the lives of salaried professionals.
As per a report by Hindustan Times, the executive highlighted the plight of a close peer who lost his position shortly after purchasing a new residential property. The affected individual and his spouse, who are already parents, are currently expecting their second child, leaving them facing severe financial uncertainty regarding housing loans and upcoming family expenses. Oracle Layoffs: 1000-1500 Employees in India Could Be Affected by Fresh Job Cuts.
Layoffs Are So Brutal, Says Engrow CEO Debjit Sen
Layoffs are so brutal.
One of my old friends was laid off recently. He has just bought a new house, and he and his wife are expecting their second child. Now he doesn’t know how he is going to manage the EMIs and everything else.
This is what layoffs do to people. It’s not just…
— Debjit Sen (@debjitsen) September 15, 2026
Impact of Corporate Layoffs on Personal Lives
In his public statement, Sen emphasized that losing employment extends far beyond professional displacement, often unravelling years of careful financial planning. The sudden transition leaves many individuals struggling to meet mandatory monthly commitments, such as mortgage instalments and essential childcare costs, following a single notification email.
The discussion resonated widely across social media networks, drawing numerous responses from working professionals sharing similar anxieties. Several contributors noted that current market conditions have forced them to adopt ultra-conservative financial strategies, postponing major life purchases like real estate until broader economic stability returns.
Shifting Financial Habits Among Professionals
Online commenters debated the changing realities of modern corporate careers, with many advocating for aggressive savings models and minimal discretionary spending. Participants in the thread advised against taking on long-term financial liabilities during periods of high market volatility, prioritizing emergency funds and peace of mind over lifestyle upgrades. Adidas Layoffs: 350 or More Employees Affected in Gurugram; Know Which Positions Cut.
Sen concurred with these cautious approaches, reflecting on his own expenditure habits and noting the importance of financial prudence in an unpredictable economic climate. The widespread engagement highlights growing anxiety among corporate employees navigating ongoing restructuring cycles across major multinational firms.
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(The above story first appeared on LatestLY on Sep 17, 2026 12:44 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
