Andela’s is one of Africa’s best place to work, helping global companies hire developers across Africa remotely thereby saving them a lot of overhead and providing opportunities to Africa Developers.
Today, it releases news that it will be letting go of 400 junior developers in Africa as part of its restructuring efforts. The CEO, Jeremy Johnson said they have hired more developers than they can find jobs for, hence the need to cut and focus more on mid-senior developers.
Andela has raised more than $180m in funding since launched in 2014; the CEO mentioned that as a startup, they have generated more than $50m in revenue, showing good sign of demand for its service in the global market.
What happened to these junior devs?
Andela is known to be employee-friendly, with good working condition, good salaries, and perks; one wonders why junior developers failed to live of up expectation given the great opportunities provided by the company.
How will this impact the ecosystem?
It’s good news for everyone but the staffs being let go. For one, more developers will be available for hire for the growing startups. The big question now is, can the startup able to match Andela’s pay and will the developers be willing to take on local opportunities with lesser pay? If I was in their shoes I will take up the job because it becomes an opportunity to improve their skills and be ready for future opportunities.
Is this the end of Coding Bootcamps?
Since the launch of Andela, countless companies have modeled their structure to try to take advantage of the global demand for developers. With young graduates getting picked to join coding boot camps with a promise of a job after training. We will expect this to be a shock to the companies with high hopes of making money from this model.