Job Market Outlook

How's the job outlook in 2024? Heard it's supposed to get better by mid 2024, still not so sure myself, any insights would be appreciated. Thanks

10mo ago
Halla
Halla
Juspay10mo

Market should give a run up but likely to fall later this year. With the startup fundraise looking grim, there are companies preparing a PIP / fire list to let go off people. We see this already with the likes of Paytm in India, Lazada in Singapore, Delivery Hero in Germany.

So to answer the question of the job market outlook. Chances are slim and rare if you are making over 50lpa. Around the 15 to 30lpa range there are still openings based on your domain.

CodeRage
CodeRage

but the job roles in general taper down for above 50Lpa, no? That's the idea I had, although I've no clue on how much folks in good start-ups that are still burning cash but almost profitable.

LastCalendar
LastCalendar

I have 2 yoe frontend focused fullstack, I got 1 call in 2023. In 2024 I received 3 calls already so it looks a bit better but I have been applying for a long time

CodeRage
CodeRage

Yeah, statistically better but folks with no experience are still gonna struggle until you rip off that fresher's tag in the market

AGentleGiant
AGentleGiant

Definitely going to get better in 2024. Fundamentals are improving and stock exchange valuations are soaring through the roof.

CodeRage
CodeRage

That's true because bear and bull markets are always cyclical and it makes sense as well, market can't go down always until it's a doomsday event or go up always either until we figure out the elixir for life :D

silent_silver
silent_silver
Amazon10mo

Yeah some of my friends are getting calls, not like last six months when they were not even getting calls. Hoping the conditions to be better.

Sapthinker
Sapthinker

2023 will pale in comparison, world 🌍 war 3 is coming

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