Tech bros...how is your market outlook for this year

da fuq 12:52 am lol

Originally Posted by Unregistered

Awful advice.

Tech startups are notorious for poor engineering practices, low-ball pay and awful code quality. I'm not sure if you've worked in tech startups before, I have worked in 3 different AI startups before, so did many of my friends in other startup fields, crypto startups etc.

They were all awful. A quick google and you can find many bad reviews about them too. Most of the startup companies in Singapore are rated very poorly.

OP I strongly advice against joining tech startups.

People join FAANG to further their careers and work hard in those companies in their early years. If you can't join FAANG, next best bet is F500 companies.

This forum really needs a moderation system, misleading posts like this are very harmful to tech fresh grads and freshers looking to get into the market.

Please do some reflection, thanks.

This is the true awful advice. there is different grades of startups. those singaporean SME masquerading as startup with govt funding and lame ideas and true blue unicorn startups/scale ups. obviously don't join the first cause it is just SME with a different wrapping but the second type can definitely consider. well funded with many series of funding, proper path to profitability and proper engineering practices. is it rare? yes, but they definitely exist

Those who were retrenched. How long did it take for you all to land another offer, and was it a down/flat/up move?

Originally Posted by Unregistered

Those who were retrenched. How long did it take for you all to land another offer, and was it a down/flat/up move?

Retrenched in Jan 2023. Still looking.

Was getting a lot of interviews at first but now not even getting any interviews anymore

Originally Posted by Unregistered

Those who were retrenched. How long did it take for you all to land another offer, and was it a down/flat/up move?

Got laid off from Shopee last year, found a new job within 3 weeks.

in total i have 3.5 YOE, applied to 6 different places, 4 interviews, 3 offers.

as always, market only sucks for fresh grads and juniors or mid-level developers with no real demonstrable skills. ( IE: u say ure a backend dev yet cant build a simple spring controller following any typical design like MVC etc, 0 chance you'll find a job )

[qwerty]

Originally Posted by Unregistered

Got laid off from Shopee last year, found a new job within 3 weeks.

in total i have 3.5 YOE, applied to 6 different places, 4 interviews, 3 offers.

as always, market only sucks for fresh grads and juniors or mid-level developers with no real demonstrable skills. ( IE: u say ure a backend dev yet cant build a simple spring controller following any typical design like MVC etc, 0 chance you'll find a job )

Was it a down\flat\up move for you and were the 3 offers from tech companies or non-tech enterprises?

Totally agree with you it's about skills and capabilities. My start-up folded last year in August. Most good people found new roles in 2 months with matching or better compensation, even people in supporting roles like PM. Some of the more useless ones took 8 months to land a new role at companies like OCBC.

[qwerty]

Originally Posted by Unregistered

Retrenched in Jan 2023. Still looking.

Was getting a lot of interviews at first but now not even getting any interviews anymore

Yah, I noticed as well. Job postings for tech jobs seemed to have slowed down, even for technical roles like SWEs and DS.

All the best to you, hope you land a new role soon.

Originally Posted by qwerty

Was it a down\flat\up move for you and were the 3 offers from tech companies or non-tech enterprises?

Totally agree with you it's about skills and capabilities. My start-up folded last year in August. Most good people found new roles in 2 months with matching or better compensation, even people in supporting roles like PM. Some of the more useless ones took 8 months to land a new role at companies like OCBC.

With the weak tech market and oversupply of techies.
He might get retrenched again and not able to find another job

Originally Posted by qwerty

Was it a down\flat\up move for you and were the 3 offers from tech companies or non-tech enterprises?

Totally agree with you it's about skills and capabilities. My start-up folded last year in August. Most good people found new roles in 2 months with matching or better compensation, even people in supporting roles like PM. Some of the more useless ones took 8 months to land a new role at companies like OCBC.

It was flat, all from tech companies, 2 from F500, 1 from mid size.

yep, people saying the tech market is volatile or will get retrenched again etc are clearly juniors or people who're not that skilled in tech. people dont just get laid off that easily, my friends at tiktok and bytedance are still hired, no layoff.

Originally Posted by Unregistered

It was flat, all from tech companies, 2 from F500, 1 from mid size.

yep, people saying the tech market is volatile or will get retrenched again etc are clearly juniors or people who're not that skilled in tech. people dont just get laid off that easily, my friends at tiktok and bytedance are still hired, no layoff.

While it's true that the current tech layoffs is majority centred on supporting roles like PMs, sales and marketing roles. I think the openings for roles like SWEs are drying up as well. Quite clearly observable across job boards.