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‘Whitefield 2BHKs underneath ₹40K’: Viral submit on Bengaluru lease crash fuels tech layoff fears


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A sudden drop in rental costs in Bengaluru has sparked on-line hypothesis a couple of recent wave of layoffs in India’s tech sector. What started as an informal Reddit submit has grown right into a wider dialog about job uncertainty and altering market dynamics within the nation’s IT capital.

A consumer on Reddit not too long ago posted a screenshot from a thread noting the sudden availability of 2BHK flats in Whitefield inside a ₹40,000 funds — one thing they claimed was almost unattainable just some months in the past.

“Is Bengaluru rents coming down? 4-5 months in the past I couldn’t discover a good gated residence for ₹40K. At the moment, there are loads,” the submit learn.

The commentary struck a chord with others. One consumer replied, “Layoffs concern. Bengaluru is primarily pushed by IT. Many at the moment are suspending plans to purchase houses or plots because of job uncertainty. They’re specializing in financial savings as an alternative; this naturally impacts rental demand.”

One other added, “After mass RTO (Return to Workplace) enforcement final 12 months, rents surged. Now, with layoffs underway, nobody desires to spend large chunks of their wage on lease or EMIs.”

Whereas some commenters referred to as it folks “coming to their senses,” others warned of “big layoffs underway, principally silent.” The sentiment displays rising anxiousness within the IT sector. The 12 months 2025, as soon as hailed as a milestone for AI integration, has became one of the vital turbulent for tech employees globally.

Current layoffs in tech sector

In simply the primary half of 2025, main know-how firms have slashed tens of hundreds of jobs worldwide. Microsoft laid off over 10,000 workers, citing a realignment in direction of AI initiatives. Google has executed a number of waves of cuts throughout cloud, ad-tech, and {hardware} divisions.

Amazon has diminished its workforce in logistics and machine items, and Intel trimmed operations citing weak PC demand and AI-related restructuring. Indian IT companies haven’t been immune both — with TCS, Infosys, and Wipro reportedly slowing hiring and quietly letting go of mid-level managers in cost-cutting strikes. The shift in direction of automation and AI, whereas boosting effectivity, has drastically reshaped the employment panorama.