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A future without money
Updated On: 17 May, 2020 06:56 AM IST | Mumbai | Jane Borges
Stress over sudden layoffs and pay cuts has caused many to freeze instead of adapt, leading to what's being called financial anxiety
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Yasin Hamidani, director of a Mumbai-based PR and digital marketing firm, who suffered a hit due to the lockdown, sought medical help after experiencing terrible headaches
April was the cruellest month for Yasin Hamidani, the director of Media Care Brand Solutions, a four-year-old PR and digital marketing firm, which runs out of a rented office space in Santa Cruz. "It all began when on March 18, just before the Janata Curfew, we got an email from one of our biggest revenue-generating clients to halt all services," recalls Hamidani. When the national lockdown was declared a few days later, the number of clients backing out, started to increase. "Our payments from January and February were held up, and we were told that we'd have to wait till the lockdown lifts." With 15 full-time employees working under him, Hamidani says his company was now at the crossroads. He had to either shut shop, or reinvent immediately. That he was stuck in Panchgani, where he had gone for a holiday with his family, added to his worries. By the end of April, his losses had run into lakhs, and the stress was beginning to tell. "I was depressed. Because, I tend to overthink every situation, I could not see beyond the financial mess. I had stopped sleeping, and was experiencing terrible headaches," he shares in a telephonic interview.
Since the last few days, Hamidani has been consulting his family physician, who has put him on medication and has also taken up the role of therapist to help him cope. Long walks are now part of his daily routine.
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