IT Employees Are Forced To Vacate Apartments - Fear Grips Professionals!
Home > News Shots > Business newsWith COVID-19 cases rising across Tamil Nadu, layoffs and salary cut has been hitting headlines due to economic crisis since the lockdown in the country.
Amid lockdowns, IT employees are facing new issues in Chennai, as many of them are forced to vacate rented apartments and return to their hometowns. Many of them are also moving to smaller houses in the city because of rise in layoffs and salary cuts.
According to Times of India (ToI) report, several apartment units on the IT corridor of OMR has become deserted as most of the IT professionals are leaving behind their big spacious houses and shifting to smaller ones or into friends place with most of the household things left behind.
As more and more people are shifting from OMR, this issue in raising a concern among most of the landlords living there as they cannot allow news tents to shift in with previous employees things still at home.
Many IT professionals are also complaining that few landlords are refusing to reduce the rent, which is also a reason for them to move out.
When ToI spoke to Krishnamachari, an IT employee, who used to live in West Mambalam with his colleagues from the same office. He said "we have all had to take 25 percent salary cut and it became difficult for us to pay the same rent. Hence, we had to relocate."
This issue, is not just seen in Chennai, even IT professionals living in Bangalore are also facing the same.
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