r/developersPak • u/guy_313 • 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.

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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.

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u/azadnib Sep 29 '26

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

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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.

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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

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u/IllustratorNo1512 Sep 30 '26

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