How my mom is proud even during recession!

As the cliché goes, whenever the US sneezes, the world catches a cold. The most deadly Picornavirus affecting countries is “Recession”. This word I lately realized is more contageous to non-IT people than the IT businesses.

Back home it's a wave that everyone wants to be part of, and everyone wants to show they know. While it's often funny to listen to the weird misconceptions people have about recession, it gets irritating if it goes too far.

The familiar sentence is arguably one of the most frequently asked questions these days, losing only slightly to the even graver one is “did your company fire you?” IT and related topics have such a popular following here, most do not know what they are following, but just drift along to be ‘in evidence’.

I sat along mom to brief her through the definition & causes (thanks to much appreciated education my grandparents provided her, I never have to use lay-man language). I told her that recession is a decline in a country's gross domestic product (GDP) growth for two or more consecutive quarters of a year.

Why does it occur she asked and I told her it is when consumers lose confidence in the growth of the economy and spend less. This leads to a decreased demand for goods and services, which in turn leads to a decrease in production, lay-offs and a sharp rise in unemployment. Investors spend less as they fear stocks values will fall and thus stock markets fall on negative sentiment.

I still saw lot of questions in mom’s expression. Is there anything you are worried about I asked her. “Yes will recession hit SPI” she asked. Coming to my rescue was the recruitment ad that company put up in one of the local papers here with punch line “When every one is firing we are hiring”. She was happy about the Mangalore operations SPI started. I remember Sid telling me that here in Mysore when parents are happy about a company they will not only make sure kids working there stay happy & focused but also put a word of mouth “Branding” about the company & why the budding engineers fresh out of college should start career there.

Next few days I saw mom discussing lot of aspects on recession & how SPI is sailing smooth. Never has she missed to portray SPI setting foot in Mangalore. How we are planning to double our size when other companies are talking about lay offs. Thanks to the confidence she has on SPI I don’t have to attend various ceremonies happening. She never forgets to reason out my absence in all the functions she attends & I miss by “she has lot of work”.

Medical Transcription, Mangalore & Mysore; ‘M’ is the buzz word at SPI these days VP announced. I have added “Mom” in the list too.