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From Jet Airways to Stayzilla, the collapse of jobs has one message: Save. Save. Save.

A paradigm shift is underway in the idea of work, and it has far-reaching consequences. The dream of a lifelong, stable job is passé. Saving and investing in appropriate products early on is the only life saver.
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debleena-majumdar
16 Jul 2019 7 Mins Read 0 comment
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If you had asked a Jet Airways employee a decade ago whether they felt the then-dominant airline could one day come crashing, leaving them jobless, you would have sounded crazy. Similarly, Stayzilla employees did not foresee the fall of the Chennai-based online platform for hotel bookings, till it suddenly halted operations two years ago. Welcome to the cruel new
example, why can’t we offer people working-capital loans based on their savings habit when they had jobs?” Bobba points out. A comfortable retired life is everyone’s goal. But then, a goal without a plan is just a dream. So, one needs to plan early and execute smartly. The time to start is now. ( Graphics by Mohammad Arshad)
If you had asked a Jet Airways employee a decade ago whether they felt the then-dominant airline could one day come crashing, leaving them jobless, you would have sounded crazy. Similarly, Stayzilla employees did not foresee the fall of the Chennai-based online platform for hotel bookings, till it suddenly halted operations two years ago. Welcome to the cruel new example, why can’t we offer people working-capital loans based on their savings habit when they had jobs?” Bobba points out. A comfortable retired life is everyone’s goal. But then, a goal without a plan is just a dream. So, one needs to plan early and execute smartly. The time to start is now. ( Graphics by Mohammad Arshad)

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