Growing uncertainty in the technology sector highlights the need for overseas Indian professionals to prepare for unexpected job losses
A fresh wave of artificial intelligence (AI)-driven restructuring across the global technology industry is increasing concerns among Non-Resident Indians (NRIs), particularly those working in countries where employment is linked to work visas.
Industry reports indicate that AI has become a major factor behind workforce reductions in the United States, with technology companies continuing to streamline operations and automate routine tasks. Indian professionals, who account for a significant share of skilled foreign workers in the US technology sector, are considered among the most exposed to these changes.
Financial experts say that while employees cannot control company restructuring, they can reduce the financial impact of job losses by building a robust emergency fund. For NRIs, the challenge is often greater because losing a job may also trigger visa deadlines, relocation costs and family commitments spread across multiple countries.
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Experts recommend maintaining savings equivalent to at least nine to twelve months of essential expenses, including housing costs, loan repayments, insurance premiums, children’s education and daily living expenses
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Those whose residency status depends on employer-sponsored visas are advised to aim for the higher end of that range
To build this financial cushion, professionals are encouraged to save around 20-25 per cent of their monthly take-home income in a dedicated emergency fund. Keeping the money in liquid and easily accessible instruments, such as NRE or NRO savings accounts, sweep-in fixed deposits or liquid mutual funds, can ensure quick access during unforeseen circumstances. Financial planners also advise maintaining part of the fund in the local currency to cover immediate expenses abroad while keeping the remainder in India for family needs or relocation.
Beyond savings, experts recommend that NRIs regularly review their visa status, understand available immigration options in the event of job loss and continue upgrading their skills in emerging AI-related fields. They say financial preparedness, combined with continuous professional development, can help overseas Indian workers navigate an increasingly uncertain employment landscape.
