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True, I am even working in a product company, and that's the point if there is no safety here either (in big MNCs), why not try in a startup where the rewards could be decent.
Risk is everywhere, my friend working in a product company is risk of being fired...all depends on your performance
Why do you think there is no risk in startups?
For software engineers, job security is fragile wherever you go.
You can try for any bug MNC with a good package.
Yes, you can give a try.
I have worked with both startups and MNCs.
In startups, there won't be much work-life balance as things will be moving very fast.
Whereas in big company you will have feeling of work life balance.
In my opinion, in this stage of experience, you must prefer a good package and wlb company.