"You're being let go." — Three words that can shake the foundation of everything you've built." It hits different when you're a developer. Because for most of us, this isn't just a job. It's the salary that pays the EMI, the rent, the school fees, and the groceries. It's the career we spent years building. It's our identity. And yet — layoffs are happening at a scale we've never seen before. In this article, I'm going to cut through the corporate PR speak and tell you the real truth behind IT layoffs — why they happen, who benefits, what it actually costs employees, and most importantly — the backup plan every developer must start building today. 📉 Current Market Condition The IT industry — once considered bulletproof — is going through its most turbulent phase in decades. Between 2022 and 2025, over 500,000+ tech workers were laid off globally. Companies like Google, Meta, Amazon, Microsoft, Infosys, Wipro, and hundreds of startups announced massive workforce cuts — some in multiple rounds.…