Those in their 50s need a financial and work strategy to fight the effects of covid-19 The job massacre has begun. Across sectors and industries worst hit by the pandemic, cost cutting reduced salaries as a first step.
But as reality bites that there is at least a two-year road ahead of economic downturn, and a real threat of global recession, the gravity of keeping the business viable is deepening.
Those businesses directly hit for revenue have taken early steps to stop the bleed and others will take this route down the road.
If you are in your 50s, the pandemic and its ripple effect on health and wealth will hit you double hard. Hypertension, diabetes, heart conditions have been a part of the take-home package in the Indian workplace,