Thread regarding Infosys layoffs

Question...

I'm thinking primarily of the Indian and Eastern European shops that try to hire junior devs and then pass them off as seniors and charge accordingly for simple outsourced web work. I got curious because much of this market seems like it was driven by cheap VC money for MVPs that has now dried up.
A few weeks posted an ad for a freelancer for a simple Node.js project on a few of the freelancer aggregators. It was to update a simple app to the latest Node versions and add a page. When I posted something like this just 2 years ago, I got maybe a dozen low effort replies and it was hard to get anyone to even agree to interview. Now I have received 100% quality applications from individuals and dev shops practically begging for the project. Some have even offered 1 or 2 weeks free work.

This got me very curious about the sentiment in these areas and how the devs are currently feeling. I know in SF the market in big tech companies has dropped off somewhat with the layoffs but most people I know found new jobs pretty quickly. Is it the same in India and Eastern Europe or has the drop in VC funding had worse effects? Just curious to get thoughts from anyone in that market on the general sentiment.

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| 1291 views | | 2 replies (last August 13, 2023) | Reply
Post ID: @OP+1nEXJaFH

2 replies (most recent on top)

this the primary business model

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Post ID: @retn+1nEXJaFH

I'm a CTO of a Series A start-up with open dev roles posted. Right now, my inbox is completely overwhelmed with emails from outsourcing companies offering to do the work. So based on that data point, I'm guessing there is a lot of competition for general outsourced work right now.
Part of this might because a lot of new start-ups got into this space during 2020-2022 acting as a light middleman between overseas devs and US-based companies while not providing much besides facilitating payment. So you have all the traditional outsourcing companies fighting it out with all the newer companies in an economy where spending is way down overall.

All that being said, it seems like great experienced devs in Eastern Europe are still getting snapped up quickly.

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Post ID: @lvc+1nEXJaFH

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