{"id":1863,"date":"2025-07-27T14:43:48","date_gmt":"2025-07-27T06:43:48","guid":{"rendered":"https:\/\/aiwiselnk.com\/?p=1863"},"modified":"2025-07-27T14:52:39","modified_gmt":"2025-07-27T06:52:39","slug":"startup-commentaryyoung-people-who-quit-jobs-suddenly-turn-nepal-into-an-affordable-alternative-to-dali","status":"publish","type":"post","link":"https:\/\/aiwiselnk.com\/index.php\/2025\/07\/27\/startup-commentaryyoung-people-who-quit-jobs-suddenly-turn-nepal-into-an-affordable-alternative-to-dali\/","title":{"rendered":"Startup Commentary&#8221;Young People Who Quit Jobs Suddenly Turn Nepal into an Affordable Alternative to Dali&#8221;"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/07\/4d4e04eaeef90ac98c0b51d685e7b8cc_interlace1-1024x768.jpg\" alt=\"\" class=\"wp-image-1870\" srcset=\"https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/07\/4d4e04eaeef90ac98c0b51d685e7b8cc_interlace1-1024x768.jpg 1024w, https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/07\/4d4e04eaeef90ac98c0b51d685e7b8cc_interlace1-300x225.jpg 300w, https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/07\/4d4e04eaeef90ac98c0b51d685e7b8cc_interlace1-768x576.jpg 768w, https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/07\/4d4e04eaeef90ac98c0b51d685e7b8cc_interlace1-670x503.jpg 670w, https:\/\/aiwiselnk.com\/wp-content\/uploads\/2025\/07\/4d4e04eaeef90ac98c0b51d685e7b8cc_interlace1.jpg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/36kr.com\/p\/3394228787857541\">Read More\u300a\u88f8\u8f9e\u7684\u5e74\u8f7b\u4eba\uff0c\u628a\u5c3c\u6cca\u5c14\u8eba\u6210\u5927\u7406\u300c\u5e73\u66ff\u300d\u300b<\/a><\/p>\n\n\n\n<p><strong>Positive Comments: Nepal Becomes a \u201cSpiritual Healing Ground\u201d and a \u201cLow-cost Growth Laboratory\u201d for Young People Who Quit Their Jobs without a Backup<\/strong><\/p>\n\n\n\n<p>In recent years, the intensifying \u201crat race\u201d in the domestic workplace has put young people under work pressure, job burnout, and even the risk of lay &#8211; offs. Against this backdrop, Nepal, with its unique slow &#8211; paced life, low prices, and a social atmosphere where work is not a topic of conversation, has quickly become a \u201cspiritual healing ground\u201d and a \u201clow &#8211; cost growth laboratory\u201d for young people who quit their jobs without a backup, and its positive significance is worthy of recognition.<\/p>\n\n\n\n<p>First of all, Nepal&#8217;s slow &#8211; paced environment provides young people with precious psychological repair space. As mentioned in the news, life in Nepal is \u201call about slowness\u201d: restaurants cook in a casual way, rickshaw drivers often get lost and chat, and locals \u201cgo boating and climbing mountains when there are no customers\u201d. This lifestyle, which is completely contrary to the \u201cfast &#8211; paced\u201d life in China, serves as a \u201cnoise &#8211; reducer\u201d for young people who quit their jobs. At first, Yueyue was \u201cunaccustomed\u201d to it but later \u201cimmersed in the charm of the slow &#8211; paced life\u201d. Her daily schedule changed from \u201cstaying up until 1 am\u201d to \u201cgoing to bed at 10 pm and getting up at 6 am\u201d; Tiaotiao, who \u201cfainted due to overtime work\u201d, now \u201csleeps until naturally waking up every day and strolls in the park leisurely\u201d. These cases all confirm the healing effect of a slow life on the body and mind. In China, office workers are often kidnapped by the concept of \u201cefficiency first\u201d and even equate \u201cbusyness\u201d with \u201cvalue\u201d. However, in Nepal, \u201cdoing nothing is also something\u201d, which helps young people break out of this alienated perception and rediscover the meaning of life itself.<\/p>\n\n\n\n<p>Secondly, Nepal&#8217;s low prices and abundant learning resources enable young people to achieve self &#8211; improvement and experience upgrading at a \u201clow cost\u201d. As one of the \u201cleast developed countries\u201d, Nepal has a per &#8211; capita GDP of only about 10,000 RMB, which makes domestic young people become a \u201chigh &#8211; income group\u201d here: the monthly rent of a guesthouse is 1,200 &#8211; 1,700 RMB, the daily food cost is 60 &#8211; 80 RMB, an IELTS course costs 500 RMB per month, and a tennis course costs 700 RMB per month (a 5 &#8211; person class). Compared with the prices in first &#8211; tier cities in China, where \u201ca group tennis class costs 100 RMB per session\u201d and \u201ca private IELTS course costs hundreds of RMB per hour\u201d, Nepal&#8217;s \u201ccost &#8211; effectiveness\u201d advantage is obvious. More importantly, this \u201clow cost\u201d lowers the threshold for young people to try new skills. Xiaojie came to Nepal to learn English. Although there was no \u201cqualitative leap\u201d, he \u201cbecame more daring to speak\u201d. Yueyue learned singing bowls, tennis, and English, which accumulated new possibilities for her future career development. This model of \u201clearning while traveling and living\u201d not only meets the need for \u201crecharging\u201d but also avoids the double pressure of \u201ctime and money\u201d in China, becoming a feasible way for young people who quit their jobs to \u201cnourish themselves\u201d.<\/p>\n\n\n\n<p>Finally, the cross &#8211; cultural social interaction and the collision of diverse life samples broaden young people&#8217;s cognitive boundaries of \u201csuccess\u201d and \u201clife\u201d. In Nepal, young people who quit their jobs not only meet locals but also a 40 &#8211; year &#8211; old lawyer who cured his depression, an entrepreneurial mother traveling with her child for self &#8211; cultivation, and a Chinese female boss who started a business in Nepal. These life samples of \u201cstrange but well &#8211; lived people\u201d made Xiaojie realize that \u201cmarriage is not a must &#8211; have option\u201d and made Yueyue rethink the definition of \u201ca job she likes\u201d. More importantly, the social consensus in Nepal &#8211; \u201cnot talking about work\u201d &#8211; breaks the secular evaluation system of \u201cage, income, and occupation\u201d in China. Tiaotiao would cry aggrievedly when being asked about \u201csalary and marriage\u201d in Dali, but in Nepal, she can talk with her peers about \u201cwhich city has higher energy\u201d. Xiaojie was not pressured to get married in Nepal and instead learned \u201cconfidence and freedom\u201d from girls of the same age. This \u201cde &#8211; labeled\u201d environment helps young people get rid of the anxiety caused by social norms and explore the possibility of \u201cliving for themselves\u201d again.<\/p>\n\n\n\n<p><strong>Negative Comments: Short &#8211; term Escape and Long &#8211; term Concerns behind the Craze of \u201cA Substitute for Dali\u201d<\/strong><\/p>\n\n\n\n<p>Although Nepal provides a breathing space for young people who quit their jobs, there are also risks behind this craze that cannot be ignored. If they rely too much on \u201clying flat\u201d or ignore the real &#8211; world constraints, it may turn from \u201chealing\u201d to \u201cescaping\u201d and even have a negative impact on personal development and the local ecosystem.<\/p>\n\n\n\n<p>Firstly, the potential risks of a career gap may weaken long &#8211; term competitiveness. According to the news, the duration of travel and living of young people who quit their jobs is generally 1 &#8211; 3 months, and some plan to \u201cstay for 5 months\u201d or even \u201ccome back next year\u201d. However, workplace skills follow the principle of \u201cuse it or lose it\u201d. Especially in industries with rapid iterations such as advertising and the Internet, a 3 &#8211; 6 &#8211; month gap may lead to a break in professional knowledge. Yueyue plans to \u201cgo back to China to find a job she likes\u201d but doesn&#8217;t mention specific skill improvement. Xiaojie&#8217;s English learning \u201chas no qualitative leap\u201d and he can only \u201cspeak more boldly\u201d. Tiaotiao \u201cmakes ends meet\u201d by writing postcards on behalf of others but doesn&#8217;t accumulate transferable professional skills. If \u201clying flat\u201d is equated with \u201crecharging\u201d without a clear learning goal and career plan, the gap period may become a \u201cwaste of time\u201d, and they will face double pressure of \u201cage + experience\u201d when returning to the workplace in the future.<\/p>\n\n\n\n<p>Secondly, the cognitive bias towards \u201csafety and convenience\u201d in Nepal may lead to unexpected situations. In the news, Yueyue&#8217;s father initially \u201c99% disagreed\u201d with his daughter going to Nepal alone. Xiaojie \u201cdidn&#8217;t know how to buy a phone card\u201d when he first arrived and even needed a passer &#8211; by to help with translation. These details expose the huge differences between Nepal and China in terms of infrastructure and language communication. Although interviewees like Yueyue and Tiaotiao emphasized that \u201clocals are kind\u201d and \u201cit&#8217;s not as scary as expected\u201d, the objective shortcomings of Nepal in terms of public security, medical conditions, and legal protection cannot be ignored. For example, Nepal has one of the highest traffic accident rates in the world, and its medical resources only cover about 50% of the population. There are also risks of theft and fraud in some remote areas. If young people underestimate these risks due to the label of \u201ca substitute for Dali\u201d, they may fall into a safety crisis.<\/p>\n\n\n\n<p>Thirdly, the short &#8211; term nature of the \u201chealing\u201d effect may lead to \u201csecondary anxiety\u201d after returning to the workplace. The \u201cnot talking about work\u201d and \u201cremoving secular pressure\u201d in Nepal are essentially a kind of \u201cenvironmental isolation\u201d, and its healing effect depends on \u201cbreaking away from the original stress source\u201d. Once young people end their travel and living and return to the workplace, the original problems such as \u201cboss&#8217;s PUA\u201d, \u201cunpaid overtime work\u201d, and \u201cKPI assessment\u201d may come back. Yueyue admitted that although she was \u201cfully recharged\u201d, \u201cthe pressure will sweep back after going to work\u201d. Xiaojie was not in a hurry to go to work because of the concept of life and death in the \u201cburning ghat\u201d, but he didn&#8217;t solve the fundamental problem of \u201chow to deal with future survival pressure\u201d. If \u201cNepalese &#8211; style healing\u201d is regarded as a \u201conce &#8211; and &#8211; for &#8211; all solution\u201d rather than a \u201ctool for adjusting the mindset\u201d, it may lead to the avoidance of real &#8211; world problems and eventually fall into a cycle of \u201chealing &#8211; anxiety &#8211; healing again\u201d.<\/p>\n\n\n\n<p>Fourthly, the accelerated commercialization may damage the original slow &#8211; life ecosystem in Nepal. With the influx of Chinese young people who quit their jobs, there are obvious signs of \u201cSinicization\u201d in Nepal&#8217;s business: shops hang Chinese signboards, live &#8211; streaming e &#8211; commerce is on the rise, and a purchasing agency industry chain has formed. Tiaotiao mentioned that \u201csome Chinese people doing live &#8211; streaming e &#8211; commerce earn more in a month than they do in a year in China\u201d. Yueyue observed the rise of the \u201chippie &#8211; style clothing purchasing agency\u201d. Although this commercialization brings economic benefits to the local area, it may also change the original \u201cnon &#8211; commercial nature\u201d of Nepal. For example, when the rent of guesthouses increases due to the growing demand, restaurants speed up the food &#8211; serving process to cater to tourists, and rickshaw drivers give up chatting for \u201cefficiency\u201d, the core of Nepal&#8217;s \u201cslow &#8211; paced life\u201d will be undermined, and it will eventually lose its appeal as \u201ca substitute for Dali\u201d.<\/p>\n\n\n\n<p><strong>Suggestions for Entrepreneurs: Seize the Demand Pain Points and Balance Commercial Value and Sustainable Development<\/strong><\/p>\n\n\n\n<p>In response to the phenomenon of the \u201cNepal craze\u201d among young people who quit their jobs, entrepreneurs can explore opportunities in the following directions while avoiding risks:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><p>Focus on the compound demand of \u201chealing + growth\u201d and develop cross &#8211; border service products. The core demand of young people who quit their jobs is \u201crelieving anxiety\u201d and \u201cself &#8211; improvement\u201d. Entrepreneurs can combine Nepal&#8217;s slow &#8211; life resources and low learning costs to design compound products such as \u201ctraveling and living + skill training\u201d and \u201chealing courses + cultural experiences\u201d. For example, cooperate with local yoga studios and language schools to launch a \u201c30 &#8211; day healing and learning camp\u201d, which includes accommodation, daily yoga\/English courses, and surrounding hiking, to meet the need of \u201clearning while relaxing\u201d. Or develop a \u201ccross &#8211; cultural social community\u201d to organize exchanges between young people and local artisans and entrepreneurs, providing a deep &#8211; seated experience of \u201clife possibilities\u201d.<\/p><\/li>\n\n\n\n<li><p>Be cautious in laying out cross &#8211; border business and pay attention to cultural differences and policy risks. Although business opportunities such as purchasing agency and live &#8211; streaming e &#8211; commerce in Nepal are attractive, cultural sensitivity and policy restrictions need to be noted. For example, when selling local handicrafts, the intellectual property rights of traditional crafts should be respected, and \u201clow &#8211; price predatory\u201d procurement should be avoided. Live &#8211; streaming needs to comply with Nepal&#8217;s network management regulations (such as network speed limits and data privacy requirements in some areas). In addition, the impact of \u201cthe influx of Chinese tourists\u201d on the local ecosystem needs to be evaluated to avoid damaging the slow &#8211; life atmosphere due to over &#8211; commercialization and affecting the long &#8211; term user experience.<\/p><\/li>\n\n\n\n<li><p>Provide \u201crational planning\u201d support for young people to avoid blind \u201clying flat\u201d. Entrepreneurs can guide young people who quit their jobs to regard \u201ctraveling and living in Nepal\u201d as an \u201cadjustment period\u201d rather than an \u201cend &#8211; point\u201d through content output or service design. For example, launch a \u201cpre &#8211; travel career diagnosis\u201d service to help users clarify their \u201cgoals during the gap period\u201d (such as learning new skills and exploring new career paths). Or provide \u201ccareer planning workshops\u201d during the travel and living process, inviting Chinese entrepreneurs in Nepal to share \u201chow to transform the travel and living experience into career advantages\u201d to prevent young people from falling into the confusion of \u201clying flat for the sake of lying flat\u201d.<\/p><\/li>\n<\/ol>\n\n\n\n<p>In conclusion, the craze of \u201ca substitute for Dali\u201d in Nepal is an active choice of contemporary young people to cope with workplace pressure. Its positive significance lies in providing individuals with the possibility of \u201crestarting their lives\u201d. However, the hidden concerns behind it also remind us that real \u201chealing\u201d needs to be based on a clear understanding of self &#8211; needs and a rational assessment of real &#8211; world constraints. Both young people and entrepreneurs need to find a balance between \u201crelaxation and growth\u201d and between \u201cshort &#8211; term healing and long &#8211; term development\u201d so that this \u201cescape\u201d can truly become an \u201cupgrading springboard\u201d in life. <\/p>\n\n\n\n<p><a href=\"https:\/\/dzdt.online\/index.php\/2025\/07\/27\/%e5%88%9b%e4%b8%9a%e6%97%b6%e8%af%84%e3%80%8a%e8%a3%b8%e8%be%9e%e7%9a%84%e5%b9%b4%e8%bd%bb%e4%ba%ba%ef%bc%8c%e6%8a%8a%e5%b0%bc%e6%b3%8a%e5%b0%94%e8%ba%ba%e6%88%90%e5%a4%a7%e7%90%86%e3%80%8c%e5%b9%b3\/\">\u521b\u4e1a\u65f6\u8bc4\u300a\u88f8\u8f9e\u7684\u5e74\u8f7b\u4eba\uff0c\u628a\u5c3c\u6cca\u5c14\u8eba\u6210\u5927\u7406\u300c\u5e73\u66ff\u300d\u300b<\/a><\/p>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aiwiselnk.com\/index.php\/2026\/04\/08\/%e5%88%9b%e4%b8%9a%e7%83%ad%e7%82%b9%e6%99%a8%e6%8a%a5-2026%e5%b9%b404%e6%9c%8808%e6%97%a5%ef%bc%88%e5%91%a8%e4%b8%89%ef%bc%89%ef%bc%9a2026%e5%b9%b4%e5%a4%a7%e5%ad%a6%e7%94%9f%e5%88%9b%e6%96%b0\/\">\u521b\u4e1a\u70ed\u70b9\u6668\u62a5 | 2026\u5e7404\u670808\u65e5\uff08\u5468\u4e09\uff09\uff1a2026\u5e74\u5927\u5b66\u751f\u521b\u65b0\u521b\u4e1a\u8bad\u7ec3\u8ba1\u5212\u9879\u76ee\u63a8\u8350\u6392\u5e8f\u516c\u793a\u30012026\u5e74\u5927\u5b66\u751f\u521b\u65b0\u521b\u4e1a\u8bad\u7ec3\u8ba1\u5212\u9879\u76ee\u63a8\u8350\u6392\u5e8f\u516c\u793a<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aiwiselnk.com\/index.php\/2026\/04\/07\/%e5%88%9b%e4%b8%9a%e7%83%ad%e7%82%b9%e6%99%a8%e6%8a%a5-2026%e5%b9%b404%e6%9c%8807%e6%97%a5%ef%bc%88%e5%91%a8%e4%ba%8c%ef%bc%89%ef%bc%9a%e6%9c%80%e9%ab%98%e6%89%b6%e6%8c%8150%e4%b8%87%e5%85%832026\/\">\u521b\u4e1a\u70ed\u70b9\u6668\u62a5 | 2026\u5e7404\u670807\u65e5\uff08\u5468\u4e8c\uff09\uff1a\u6700\u9ad8\u6276\u630150\u4e07\u5143!2026\u5e74\u6e56\u5317\u7701\u5927\u5b66\u751f\u521b\u4e1a\u6276\u6301\u9879&#8230;\u3001\u771f\u91d1\u767d\u94f6\u6765\u5566!2026\u5e74\u6e56\u5317\u7701\u5927\u5b66\u751f\u521b\u4e1a\u6276\u6301\u9879\u76ee\u4eca&#8230;<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aiwiselnk.com\/index.php\/2026\/04\/06\/%e5%88%9b%e4%b8%9a%e7%83%ad%e7%82%b9%e6%99%a8%e6%8a%a5-2026%e5%b9%b404%e6%9c%8806%e6%97%a5%ef%bc%88%e5%91%a8%e4%b8%80%ef%bc%89%ef%bc%9a%e7%9c%9f%e9%87%91%e7%99%bd%e9%93%b6%e6%9d%a5%e5%95%a62026\/\">\u521b\u4e1a\u70ed\u70b9\u6668\u62a5 | 2026\u5e7404\u670806\u65e5\uff08\u5468\u4e00\uff09\uff1a\u771f\u91d1\u767d\u94f6\u6765\u5566!2026\u5e74\u6e56\u5317\u7701\u5927\u5b66\u751f\u521b\u4e1a\u6276\u6301\u9879\u76ee\u4eca&#8230;\u3001\u771f\u91d1\u767d\u94f6\u6765\u5566!2026\u5e74\u6e56\u5317\u7701\u5927\u5b66\u751f\u521b\u4e1a\u6276\u6301\u9879\u76ee\u660e&#8230;<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aiwiselnk.com\/index.php\/2026\/04\/05\/%e5%88%9b%e4%b8%9a%e7%83%ad%e7%82%b9%e6%99%a8%e6%8a%a5-2026%e5%b9%b404%e6%9c%8805%e6%97%a5%ef%bc%88%e5%91%a8%e6%97%a5%ef%bc%89%ef%bc%9a%e6%af%9b%e5%ad%a9%e5%ad%90%e4%b9%9f%e6%9c%89%e6%90%ad%e5%ad%90\/\">\u521b\u4e1a\u70ed\u70b9\u6668\u62a5 | 2026\u5e7404\u670805\u65e5\uff08\u5468\u65e5\uff09\uff1a\u6bdb\u5b69\u5b50\u4e5f\u6709\u642d\u5b50\u4e86\u2014\u2014\u5ddd\u5927\u5b66\u751f\u7814\u53d1\u4f34\u5ba0\u673a\u5668\u4eba,\u62ff\u4e0b\u5168&#8230;\u3001\u6700\u9ad8\u6276\u630150\u4e07\u5143!2026\u5e74\u6e56\u5317\u7701\u5927\u5b66\u751f\u521b\u4e1a\u6276\u6301\u9879&#8230;<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aiwiselnk.com\/index.php\/2025\/12\/09\/startup-commentarythree-post-2005-entrepreneurs-are-reported-to-have-secured-a-new-financing-of-350-million-yuan\/\">Startup Commentary&#8221;Three post-2005 entrepreneurs are reported to have secured a new financing of 350 million yuan.&#8221;<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>In recent years, the intensifying \u201crat race\u201d in the domestic workplace has put young people under work pressure, job burnout, and even the risk of lay &#8211; offs. Against this backdrop, Nepal, with its unique slow &#8211; paced life, low prices, and a social atmosphere where work is not a topic of conversation, has quickly become a \u201cspiritual healing ground\u201d and a \u201clow &#8211; cost growth laboratory\u201d for young people who quit their jobs without a backup, and its positive significance is worthy of recognition.<\/p>\n","protected":false},"author":2,"featured_media":1870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3],"class_list":["post-1863","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zhixing","tag-startupcommentary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Startup Commentary&quot;Young People Who Quit Jobs Suddenly Turn Nepal into an Affordable Alternative to Dali&quot; - AIWiseLnk<\/title>\n<meta name=\"description\" content=\"In recent years, the intensifying \u201crat race\u201d in the domestic workplace has put young people under work pressure, job burnout, and even the risk of lay - offs. Against this backdrop, Nepal, with its unique slow - paced life, low prices, and a social atmosphere where work is not a topic of conversation, has quickly become a \u201cspiritual healing ground\u201d and a \u201clow - cost growth laboratory\u201d for young people who quit their jobs without a backup, and its positive significance is worthy of recognition.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aiwiselnk.com\/index.php\/2025\/07\/27\/startup-commentaryyoung-people-who-quit-jobs-suddenly-turn-nepal-into-an-affordable-alternative-to-dali\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Startup Commentary&quot;Young People Who Quit Jobs Suddenly Turn Nepal into an Affordable Alternative to Dali&quot; - AIWiseLnk\" \/>\n<meta property=\"og:description\" content=\"In recent years, the intensifying \u201crat race\u201d in the domestic workplace has put young people under work pressure, job burnout, and even the risk of lay - offs. 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