Fawad H.’s Post

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Founder at Sixlogs Technologies

Startups are risky, and as an engineer, when you join one, you have to accept the risk that comes with this. SadaPay - a promising startup laying off a substantial number of their workforce has been in the news lately. Regardless of where it happens in the world, startups are unpredictable, high risk ventures that rarely break out. So if you are an Engineer, you need to be aware that high risk means you can lose your job with no warning, and without it being your fault. You can earn and learn very quickly at startups in most cases, but you need to make sure you accept the uncertainty that comes with it. Overall, global tech job market is not on a good trajectory at the moment and the fact that new devs are entering local markets by tens of thousands each year, and experienced talent competing against them for similar roles makes for a hectic job search situation. Add to this that #copilots and other tools are closing the experience gap, companies do not need majority of their devs to have years of experience, the mix is changing, few experienced engineers and majority of new/mid-level engineers can produce solid outcomes. I know some people will disagree with this but in the boardrooms and during leadership meetings, these are the options being discussed. I hope those impacted find someplace to land soon but there is more qualified talent in the market today and it won’t be easy landing quickly. Taking the huge potential #Pakistan has and turning it into successful outcome has not been, and will not be a smooth journey, but there are companies/platforms that will come to market over next 6-12 months that have the potential to upset the incumbents. Hang in there, it always gets harder before it gets better.

Olufemi (O.L.U) Adeyemo

Senior Salesforce Specialist| Salesforce Business Analyst | Certified Salesforce CPQ specialist |AgentForce Specialist|Certified Salesforce Service cloud| Field Service Consultant| Revenue Cloud| Salesforce AI Specialist

5mo

Masterpiece as usual, one of the take away is that those affected can have a lunchpad into the future and also decide on what next to do. Like you alluded to the risk of start up failures, the affected guys can also take it as a learning opportunity to move into other ecosystem where there is need for more innovation. In most climate, the failure can be due to oversaturation of the market and not having a clear strategic path to compete and you know that no bail out in sight for this kind of venture in question. Also, it could be a phase for growing ventures to take proactive measures to avert such calamities by approaching bigger players to buy them out and reduce the socio economic impact on the larger population. Always one lesson or the other. Thanks for sharing!

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