Laid-off Oracle Engineer Becomes Uber Driver, Praised for Smart Financial Moves
Engineer laid off from Oracle turns Uber driver without panicking, earns praise for ‘smart move’
Mint
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After being laid off from Oracle in Bengaluru, a former engineer returned to his hometown of Bhubaneswar, Odisha, to work as an Uber driver. With a passive income of over ₹40,000 (approximately $480 USD) from fixed deposits, he calmly navigated the job loss and is considering starting a small business.
- 01Laid-off engineer returned to Bhubaneswar, Odisha, to become an Uber driver.
- 02He has a passive income of over ₹40,000 (approximately $480 USD) from fixed deposits.
- 03His decision was driven by a desire to stay active rather than financial pressure.
- 04He plans to start a small venture with family support.
- 05The story highlights the importance of having a backup plan and disciplined saving.
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On March 31, Oracle laid off thousands of employees, leaving many in distress. Among them, a former engineer from Bengaluru made headlines for his calm response. He returned to his hometown of Bhubaneswar, Odisha, and began driving for Uber, utilizing his driving skills. This decision was not born from financial necessity; he has a passive income exceeding ₹40,000 (approximately $480 USD) per month from various fixed deposits, including ₹15 lakh (roughly $18,000 USD) in joint accounts with his family and additional savings in Indian banks. His approach emphasizes steady saving habits over modern financial trends, allowing him to avoid stress and plan for the future. He is also contemplating starting a small business with his family's assistance. The story has resonated with many on social media, who praised his disciplined approach to finance and life.
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His story serves as an example of how disciplined financial planning can provide stability during unexpected job loss.
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