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Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?
Exp - 4 years
Tech stack - Java, Spring Boot, Microservices
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12/2 Thread (General):
Anyone from Polaris india - Bangalore team ?
Quitting tomorrow ! Best time on a Friday?
Additional Posts in Advertising
Which job market is more competitive: SF or NYC?
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Is anyone working their dream job right now?
Do you get unemployment checks if you get fired?
EVERYONE should be aware of this.
And it’s not aging out because of relevance, it’s because of price.
In this business, rabid focus on individual billability means senior, valuable employees are suddenly “too expensive” and that affects older employees most.
Large, publicly-owned firms are the biggest culprits. And they end up discarding decades of wisdom.
Some day, a wise CEO will develop a system of ramping down hours - and pay - for this group, a pragmatic win-win for both.
This is pure genius!
I left agency life at 56, by mutual decision. I now work freelance.
I was happy and relieved to go.
My advice to anyone who fears ageing out would be:
1. Don’t be delusional and think ‘it won’t happen to me.’ It will. OP - you’re ahead just by being aware of your career mortality.
2. Try to get the best contract you can. I negotiated a much longer notice period/severance package 10 years before I left. Employers will often agree to this as it costs them nothing until they try to terminate you.
3. Prepare for life outside an agency: start a company. Build a website. Feed your network. Do a side-hustle. This will give you a sense of security.
4. If you can, save enough now to fall back on so the thought of redundancy isn’t so terrifying. Most senior folks are managed out due to cost, so make use of that money they pay you each month.
5. Carry on doing what you’re good at and providing value.
Good luck. Managed properly, ageing-out can be a blessing not at curse.
Great advice. And saving money NOW is urgently important. My husband thought I was insane when I told him I was saving and investing 33% of my salary every year. On top of maxing my 401k. Now that we are less than 10 years from that 65 age, he is damn glad we have such a lovely nest egg.
100%. Just waiting for them to find me out and give me the stanky boot.
Nope. There are tons of older people in healthcare advertising.
Yes, yes I do.