Stealth Startup’s Post

🌟 Welcome to this edition of #TechTalk_with_AFO! 🌟 Last week, I had an engaging conversation with Ademola T. Adewuyi and Adefioye Ifeoluwa on #TechTalk_with_AFO. We delved into a range of issues, with one standout topic being the #mass_layoffs_in_Tech, most recently by Tesla. We discussed extensively what African tech professionals should do to remain relevant. Simply being a #Full_stack_Developer or a #Software_Engineer will not be enough going forward. In this session, we cover significant shifts in the tech landscape and their broader implications: 🏢 Mass Layoffs in the Tech Industry: We discuss Tesla's strategic layoffs and their impact on tech professionals, particularly Nigerians working in tech. 📉 ⚖️ Sentencing of Binance Founder Changpeng Zhao: Learn about the intense regulatory scrutiny in the cryptocurrency sector and the importance of compliance, with a focus on how this affects the Nigerian context. 💼 🌐 Impact of Social Media on Public Discourse: Afrobeat star Wizkid's controversial tweets have ignited discussions online. We explore the influence of celebrity voices on social media. 📱 📺 Click the link below to watch the full session on YouTube 📺For detailed discussions and expert insights, shedding light on the future of technology and social media interaction. Don't forget to leave your thoughts in the comment section below! 💬 https://lnkd.in/eh5fNFaj

Finance professor and hedge fund manager Patric Boyle on tech layoffs: 1. Before the AI boom tech companies were called as best companies to work at, playing ping pong and etc. 2. From the beginning of big tech layoffs, experienced tech workers are moving to non-tech companies and startups 3. Big tech owners like Jeff Bezoz and Mark Zuckerburg have started to sell their company stock like Amazon and Meta after a long time 4. Effect of AI caused layoffs may further propagate to non-tech companies as well 5. Tech jobs may subject to boom and bust with cycles, as once seen in the Dotcom bubble as well

When the world around you is crumbling, how do you stand tall? In a world where markets face turbulence, even tech giants like #Ebay, #Dell, and #Amazon struggle with layoffs. A startup stands at a different crossroads~For it's not just about cutting costs; it's about survival! Will our fundraise close soon? Would I have to let go of my team? Is it my vision or the market? Will we make it through this downturn? To all the startup founders, who have these thoughts, we offer the same advice we give our portfolio companies: 'Stay resilient and keep innovating—because the future is decentralized.' Success isn’t about luck or timing; it’s about relentless perseverance and the courage to disrupt the status quo! At TDeFi, we believe in the power of visionaries to create a decentralized, inclusive, and accessible future. Every challenge is a chance to push boundaries and redefine what's possible in the world of crypto. This Tuesday, let’s embrace the journey with resilience. #Thoughtfultuesday #web3 #Fundraise #resilience

Ready or not, layoffs are the reality of Corporates! Layoffs are by law, the fault of the company, and are not an indicator of your abilities, performance, or worth. Don’t let those doubts creep in. Don’t let the companies mismanagement change your own perception of self-worth. If we’ve learned anything from the past few rounds of tech layoffs, top companies like - Cisco - Intel - Discord - Dell - Coinbase - Redfin - TikTok - Robinhood - Salesforce cut entire programs, divisions, and product teams including top performers, tenured employees, and subject matter experts. A lay off is not an indicator of value. That said, it’s always a good idea to… - record performance info from each review - get strong recommendations from peers - show positive feedback/ ratings Humans make poor assumptions all the time. It’s okay to bring facts to the table.

📈Strategic Adaptation in Times of BigTech Layoffs: How Fintech360 Supports Continuous Innovation In the past year, the tech industry has seen significant workforce reductions, with over 100,000 roles cut across major companies including Amazon, Alphabet, Microsoft, and Meta. As 2024 unfolds, the trend of layoffs appears to persist, continuing to reshape the corporate landscape. During such transformative times, companies are increasingly seeking external partnerships to ensure continuity in innovation and operations. This is where B2B collaborations become more crucial than ever, providing the agility and expertise needed to navigate these challenges effectively. At fintech360, we specialize in offering cutting-edge fintech solutions that help businesses stay ahead without the overhead of large in-house teams. Our services range from advanced crypto payment platforms to comprehensive blockchain technology solutions, designed to empower your business through efficiency and innovation. If your organization is facing the impact of market volatility and staffing changes, fintech360 is here to assist. We provide the strategic support necessary to adapt and thrive, ensuring you have the resources to continue driving growth. Let's explore how fintech360 can partner with your business to turn these challenges into opportunities for advancement and success👍🏼 #TechLayoffs2024 #FintechSolutions #B2BPartnerships #Innovation #fintech360

Microsoft Reduces 650 Jobs in Gaming Division Restructuring Post Acquisition —— Check the full article here: Jadetimes.com | TechnologyNews —— Visit the link in our bio. #Jadetimes #TechnologyNews #MicrosoftLayoffs #GamingIndustry #Restructuring #TechNews #JobCuts

We’re hiring at Ovii and, as always, we’re thrilled to connect with the incredible talent from PES University! Over the last 2 days, we’ve received an amazing 110 resumes for backend and frontend developer roles. 🎉 ✨ Day One of hiring with Ovii for Ovii, and I’ve already saved a few hours of my time! Spent just 5 minutes running a resume match job on Ovii, and now all 110 resumes are matched and sorted by match scores. Last time, I was the founder juggling frontend work, backend work, hiring, and everything in between. This time, we’re letting Ovii do the hiring for us—because that’s exactly what it’s built for. Follow along over the next few days as we use Ovii to find our dream team. 🚀 P.S :🚨 Early-stage startups—if you’re looking to simplify your hiring process, we’ve got you covered! For a limited time, we’re offering 50% off on Ovii. Fill out the form below to qualify and streamline your hiring journey today. Know any sleep-deprived founders wearing multiple hats and looking to hire on a shoestring budget? Tag them in the comments below!

🌊TECH LAYOFFS TSUNAMI: 200,000+ THUS FAR (MORE TO COME) 👋 🤫 INCONVENIENT TRUTH proven by BestBrokers in a new report [comment]. ️🌑🔦 DARK SIDE OF THE AI meme, the new tech platforms no longer need many humans. Coding for example. And also content moderation. 👋USA BEARS THE BRUNT of workforce reductions. So much for the Mag7. One stock is now propping up the artifice---oops, it (NVDA) too retracing. #MagSeven #BestBrokers #NFP #AI #economy #techsector #Dell #Tesla #Intel

Hi network ✌️I’m partnered with two standout teams on the lookout for Smart Contract Engineers— both EVM (Solidity) and AltVM! For AltVM, iso: 👉 MoveVM (Move). 𝘈𝘯𝘺 𝘚𝘶𝘪 𝘰𝘳 𝘈𝘱𝘵𝘰𝘴 𝘥𝘦𝘱𝘭𝘰𝘺𝘮𝘦𝘯𝘵𝘴? 👉 SolanaVM (Rust, Anchor) ❗Production-level mainnet experience is key❗ ✨ Gaming 🎮: One team is bringing web2 games onchain with its end-to-end chain-agnostic tech stack. Think cross-game asset portability, digital ownership, in-game economies and more — all in one platform. 2k+ games live, 300M MAU 😲. Remote. Global 🌎. ✨ DeFi: The other team is building a decentralized lending market for staked and restaked assets, maximizing yield on collateral. Remote. NY/EST preferred 🗽. Both teams are seed stage, well-funded, and backed by top-tier VCs. If this resonates, my DMs are open! 🚀 #hiring #web3 #smartcontractengineer #defi #gaming #solidity #rust #movevm #svm

Why should you join a growth company or a startup instead of a company that just gives you a regular 7-10% appraisal every year? If you had joined Nvidia as a Sr. Software engineer (IC4) 5 years back, just the value of the equity you would have received would be ~ 56 Crores today. 42L stocks/year (levels.fyi) * 4 years * 33.5x (growth over 5 years) Now imagine how long would it take you to make this money if you had joined a stable company that would consistently give you 7-10% appraisal every year.