When this layoffs time will go away .
When the market will stable , when this layoff period will go away ? Any thought 🤔
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Tech sector is highly overpaid, overhired. Adjustment has just begun, wait for US recession by end of this year. Worse is yet to come
It might take some more time. Also, in India, supply is very high.
In my opinion, all the edtechs or youtubers are dumping truck loads of web developers who will just churn out HTML, CSS, JavaScript and maybe React.
Good software engineers are relatively less as well. I always feel that most of the students or early career folks see the high salary and then they want the same. They wouldn't mind doing it as long as they get good money (I won't say that it's wrong).
There will be a ton of fancy start-ups, but deep tech startups are very less in India. This could be one of the reason 💁🏻♂️
Only until is right parity in supply and demand. Low quality with high salary is the market. Top talents will remain an others will fall until we reach the salary to quality of work in balance.
Low quality with high salary is a big problem. When you take interviews you understand how little some folks know and how much they were earning.
End of ‘24 start of ‘25 might go till mid ‘25
Mid 2025..for sure.
If you are average, try to become expert by building of lot things on side and make money so when boom comes you will be the top to be selected.
Conserve cash and save more during recession don't take a lot of debt.
The tech Bubble has just started to burst. Like, during 2008 recession, and as shown in the movie ‘The Big Short’ where it was the housing market bubble, similarly the Tech Bubble which has gotten bigger over the years is now just started to burst and will have to run its course for, say, at least 1.5-2 years.
when startup ecosystem and tech will be down to earth. Start creating real value.
When ppl with money & power think it’s ok