Product based companies have immense pressure to innovate, their developers are also under pressure as they don't find solution in stack over flow as they are doing some thing new. So is product based worth the hype. The companies to go down or bankrupt first are product based only.

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True.. in order to survive competition they always need to outperform others..else their market share will dip and employees will suffer

If products based go down, service based maintaining those projects also goes down. All are interlinked.
It's same as USA faces recession, lay offs start happening in India faster than USA.

If the company is good, culture is good then you should be having appropriate time line deadline, Scrum practise and good project management. It is not that you have to deliver the feature in unexpected time. Have u ever worked in product based industry.?

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