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Mentor
What tech company? Are they laying people off?
Literally anywhere just can. That’s life. The only true job security is knowing you could get another one if you needed to.
You’re probably ok, but also if you’re not there’s really nothing at all you can do about it. So don’t stress. Honestly, if you worry about this all the time you’ll drive yourself nuts.
Enthusiast
Tech is a blood bath right now but yeah, as other posters said, depends on your company
Exited 1.5 years ago to tech whose share price went down by 50% since from this year’s high. My advise is always be applying but don’t actively stress about layoffs.
Mentor
Agreed. Many of us are in a weird spot. We have just seen massive highs and ridiculous hiring - which was great but it was also a big anomaly. Can’t use that as a benchmark
Slowdowns and recessions are part of economic cycle. We don’t like it, but they are going to happen. This is first time the world is hyper connected on the topic via social media
So keep looking for better options. Have cash reserves. Be cautiously optimistic. If you’re going to look for a red or green signal on economy, that will not happen as no one knows
Is it profitable? Is it a SaaS based business with mostly enterprise customers? If not, then there is potentially some risk, but usually layoffs first happen on the marketing and customer service side, then sales/S&O, then product/engineering. You’re a higher risk since you’re new, but I wouldn’t worry about it for now until you see some concrete signs. Just focus on your work and building up your skills