In an unexpected twist on Reddit’s r/personalfinanceindia, a seemingly standard investment advice post ignited a storm of curiosity. and envy, after one user casually mentioned that their friend had been fired and was offered a hefty ₹12 lakh severance package. Instead of doling out financial wisdom immediately, the crowd demanded one thing: Who’s the employer handing out this kind of golden goodbye?
“Tell us the company first!”
The original post titled “Was fired and offered 12 lakhs. Need guidance” was meant to seek financial advice for someone with zero investment experience and an ongoing ₹25,000 monthly car loan. But before advice could pour in, Reddit users shifted focus entirely.
One of the top comments read, “Which company is giving 12 lakhs as severance?” — echoing the question running through the minds of thousands. Another user speculated that it must be a high-paying job where people often burn through ₹1-2 lakh monthly on both necessity and luxury, making such severance necessary to stay afloat. “I would be jubilant if I got ₹12L as severance,” they wrote, suggesting that perhaps the package included PF and gratuity.
Investment advice comes second
Once the shock settled, Redditors did, eventually, get to the financial guidance the poster had initially sought. The most prudent advice started with building an emergency fund — parking ₹3 lakh in a liquid or savings account to cover basic needs for the next six months. Another ₹3 lakh, they suggested, should go toward covering car loan EMIs, with short-term FDs or debt mutual funds being recommended for safety and liquidity.
One savvy commenter laid out a comprehensive plan: keep ₹6 lakh for emergencies and liabilities, and slowly channel the remaining ₹6 lakh into mutual funds like Flexi Cap, Balanced Advantage, and Hybrid Debt through SIPs.
Meanwhile, others warned against diving into the stock market, citing how retail investors often get duped by bigger players. One user cheekily added, “Don’t jump into stocks. You’ll lose that severance faster than you got it.”
The myth of the generous employer
The larger question remains unanswered — which company is handing out ₹12 lakh severance packages in an economic climate where most layoffs come with a polite goodbye and little else? The Reddit thread has since turned into a treasure hunt, with users speculating about tech giants, foreign consultancies, or cushy C-suite exits. Some even joked that they might consider getting fired themselves if the payout is that sweet.
No confirmation yet on the employer’s identity, but what started as a humble quest for investment suggestions has now become a viral post and a symbol of rare corporate benevolence in India’s layoff landscape. As one user aptly concluded: “Forget financial planning — we just want to work wherever your friend did.”