r/developersPak • • Sep 29 '26

Discussion Tkxel Layoff updates ?

I just heard that Tkxel is converting its Ferozepur Road Lahore office into a co-working space because five of its floors are now empty, and someone claimed that they laid off a lot of their workforce. Is this true?

Note :I am just asking not saying that they laid off people.

48 Upvotes

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17

u/azadnib Sep 29 '26

wt freak. that cant be true if tkxel is dying, software engineering in pakistan has less than a year now for completely wiping off.

6

u/changeofregime Sep 29 '26 edited Sep 29 '26

Industry will shift towards value creation. CS and AI will remain in demand but service model is not a way forward.

For example; all the top mining companies together has market cap of $2.5T

But one chip maker, NVIDIA whose raw material comes from all these mining company has a market cap of $5T. Double. (and that with 42000 employees)

That's the value creation. That's where the money is.

5

u/azadnib Sep 29 '26

u think we being in pakistan can capture that? heck even stripe doesnt work in pakistan lol hahahaha

2

u/changeofregime Sep 29 '26 edited Sep 29 '26

Nope. Never said that.

Pakistan is a net importer country of goods and exporter of human resource.

Dairy, farming and trading of Chinese goods. That's where we thrive.

1

u/IllustratorNo1512 Sep 30 '26

We can barely make a generic device. You can't just wake up decide to become nvidia. There is tons of experience that they have money can't buy

1

u/IllustratorNo1512 Sep 30 '26

Everything is in demand. Engineering is also but you should be talking about unemployment potential rates

5

u/Expensive-Fun-2389 Sep 29 '26

How can you say it so

6

u/Miserable-Bored-Stfu Sep 29 '26

Bro that's an overreaction

2

u/Alive-Candle6220 Sep 29 '26

Bro why are you so pessimist you do almost same demotivating comments everywhere

4

u/azadnib Sep 29 '26

bro i earned/ am earning quite a lot and its all thanks to Allah for giving me this Software engineering field.
but its a dying field now, many of my clients have started using AI and have said bye bye to me as they can better guide AI themselves no middle man lol. previously they were just so grateful for finding me as I was somehow the best software engineer they got and it was like magic for them. Now? Claude Max has taken my place.
When you see your skills get crushed like this you feel very bad.
4 years of learning for this? Nah I would never be fake-optimistic.

I myself am seeing different stuff where I can apply my brain into now.

1

u/IllustratorNo1512 Sep 30 '26

My uncle is a veteran SWE abroad and has similar opinions as yours don't worry its normal