(From the original Marathi in Navakal.in)
You get a job in a big company and feel secure: you’re earning a big salary, you gradually buy your own house, bike, a foreign trip, healthier food, designer clothes… but suddenly your company closes! Byju’s, a company related to the education sector, went bankrupt just like that—there was no indication that this company was going to go bankrupt. This was because in fact, this company had bought many foreign companies to expand, so it was not recognized that the company’s financial condition was weak.
Byju’s put out lots of glitzy advertisements, became a sponsor of a cricket team, and bought foreign companies. In such a situation, it was not even thought in dreams that this company was going to go bankrupt. Yet, there were definitely indications about the company’s financial condition. But seeing the rest of the company’s splendor, this warning was ignored. Then shocking events happened: firstly the company suddenly laid off a large number of employees; secondly the company delayed submitting its financial balance sheet report.
If these signals had been paid attention to, and employees had started searching for alternative jobs in time, the younger generation would have seen a way out. For this, whether the company is big or small, the financial condition of the company should be closely monitored. The signals given by the company should be understood.