Oracle’s 6 a.m. layoff emails on March 31 left thousands of employees caught off guard, and several took to social media to vent their anxiety and emotional distress. Meanwhile, a former employee from Bengaluru grabbed the attention of users with his decision to move back to his hometown to cut down on his expenses.
The dismissed employee decided to return to Bhubaneswar, Odisha and use his driving skills to earn a living. The story shared by X user Nayak Satya highlighted how he avoided panic, handled the situation calmly and decided to work with Uber until he found an alternative.
According to the post office, the engineer invested in several fixed deposits, including postal programs with two joint accounts worth ₹15k each – one with his parents and the other with his wife – along with a smaller account for his child. They generate almost ₹28,000 per month on interest. Besides fixed deposits in various Indian banks worth around ₹30 thousand to bring more ₹15,000 every month.
With passive income over ₹40,000, he decided not to remain idle while planning his next move. Instead, he started driving for Uber in his hometown. The decision was not due to financial pressure, but rather a way to stay active and earn on my own terms, with full flexibility.
He is also considering starting a small business with the support of his family.
“Pure old school vibe”
Satya described it as a “pure old-school vibe,” noting that his friend avoided financial trends and focused on steady savings habits.
“Now he lives in his own house with his parents. He knows how to drive, so he immediately started working as an Uber driver at his own discretion and earning well. He has no EMIs and no loans for any metro city flat. At the same time, he is calmly planning to start a small business with the help of his parents. He has never followed influencers, never done SIPs and avoided all post-modern, modern financial disciplines and research. read.
In response to the post, one user wrote: “That’s a solid approach. Old school planning really pays off, no stress, just smart moves and family support. Respect your friend for taking it so easy.”
Another commented: “Thus, a calm mind, planned, risk-free investments and a contented lifestyle can help in overcoming unexpected problems in life.”
“Every individual should have a backup plan in case of an emergency. That’s all that matters in today’s fast-paced world,” added a third.
(Disclaimer: This report is based on user generated content from social media. Livemint has not independently verified and does not endorse these claims.)
