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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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Any layoff expected in bny ?
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Only if you work for deloitte
I’m sure you are given Deloitte’s history of immediately dumping people when the market turns. I’m not because Slalom dumped no one during the pandemic and most of what we’ve built revolves around a legendary don’t lay people off mindset.
People complain pay might not grow quite as fast here, but I sleep really well that in this economic climate we’ll make different decisions to the other players based on a large body of evidence. I’d rather gladly forgo bonus for a year so no colleague gets laid off and because I know if we manage no layoffs through another shock we’ll dominate just like 2020 let us grow like crazy on the backend.
What current events? Firms are hiring like crazy!
Recall when jobs were being cut, and stock market was its highest. It’s this, companies with fundamentals are still growing, and investing in transformation
Pro
Depends sector. I’m federal at Guidehouse and the government is pretty secure. However, working through interviews in the private sector with a fortune 100 materials science company for a program manager position where the hiring manager plans to groom that person to replace her as director for program management for the entire division. Will be tough to choose if I make it to that point.
Pro
What he said.
The war for talent continues to get crazier. I don’t see layoffs happening unless it’s to seriously trim the fat so we can afford to retain our best people.