The tech is dead. Long live the tech.

If what's been reported in the Cape Breton Post is true, today is a very bad day for the tech sector in Cape Breton and an even worse day for the employees of TechLink Entertainment. While we haven't seen exact figures posted yet it seems that somewhere between 50 and 60 people in Cape Breton, all directly involved in the tech sector, are now unemployed.

There isn't a positive spin to be put on this for TechLink or its employees, and any attempt to do so would be crass. This sucks. For all the criticisms that will be thrown towards the company regarding how it was managed and how the government was involved, first and foremost, we need to recognize that in a lot of ways what separates these individuals from us in these circumstances is pure luck. Even in a strong, balanced economy, none of us are totally secure. Having genuine empathy in this situation is of paramount importance. For all of our ideologies and views we're all more similar than not. We're all trying to do the best we can for ourselves and our region.

And our region needs the help. Even at the most conservative of estimates, following todays events we're still looking at millions of dollars of payroll being pulled out of our local economy. This will be felt throughout the region. It will be felt in our housing market, in our stores and restaurants, and everywhere else in ways we can't even fully grasp.

But we, more than most, should be able to grasp the complexity of this situation and its impact on us. After all this isn't the first time that this region has lost one of largest employers in a specific sector. The last time this happened that specific sector was essentially wiped out and our economy collapsed. We suffered decades of local economic recession. The demographics, social dynamics and economic elements of our region were completely thrown out of whack and in many ways have yet to recover.

That won't happen this time. That's not how the tech sector works (and, admittedly, it's not big enough to have that much of an impact on the region. We haven't put all of our eggs in one basket, nor should we.) The last time this happened many of the individuals who lost their jobs had to leave to find work. It can even be argued that the cultural atmosphere fostered by big industry, and the legacy it has provided us, has resulted in a great many people opting to train into fields where they know they will have to relocate to make viable use of their skills. This time can be different. There's still a sector to employ them. Furthermore, a great many of the positions they hold are able to work remotely. The can either find employment elsewhere in the world and stay here or they can start companies and find clients all over the world, and stay here.

This applies primarily to programmers, salespersons and marketers. Individuals who worked in management and hardware will be less able to work remotely. But the overall diversity of the employee base is a tremendous asset in this situation. We don't need to find 400 jobs for people who did similar jobs in a region where those were the only jobs that were available. We need to find a handful of jobs for people who can write code, we need to find a handful of jobs for people who can sell things, we need to find a handful of jobs for managers, etc. All in a region where you can do those things in a number of different existing companies, and all in an industry where a great many of the individuals who have suffered a major setback today can opt to start their own companies.

We need to mourn the loss of this company and lament the uncertain future faced by a great many of our neighbours today, but we should also celebrate the incredible amount of technical skills and talent that is now available to other employers in our region. We need to celebrate these individuals and view them as available assets or upcoming entrepreneurs.

It would be better if TechLink had stayed viable, continued to grow and passed its own successes on to its employees. Unfortunately that isn't the case. The next best thing would be for as many of these people as possible to continue working here with a minimum amount of retraining and downtime. The last thing we should do is treat this situation the same as when the steel plant closed. It's not.

In the long run, this situation will point to the fact that the tech sector is viable and sustainable even in the face of major setbacks. Additionally, the local tech sector is better positioned now than it has been in a long time to help mitigate the negative impact of these developments on our region.

Posted by
Receive news by email and share your news and events for free on goCapeBreton.com
SHOW ME HOW


2,477 8
https://capebreton.lokol.me/the-tech-is-dead-long-live-the-tech
It's been reported that Techlink Entertainment has closed, leaving upwards of 60 people unemployed. We should come together as a community to work through this.
Business News Business Type Computers, Communications, Electronics, Technology Location CBRM

8

Log In or Sign Up to add a comment.
Depth
Rory Andrews Follow Me
That does suck. There is a young, 30-something contingent of positive, talented people around Sydney that want to make a difference, and the tech sector employs the majority of them. The best way for Cape Breton to become economically independent is to foster the local talent that doesn't live here because they have to, but because they want to. At least some can take comfort in the demand for talented programmers around here. Hopefully nobody takes this as a sign to move to Halifax or beyond, but I understand that people do what they need to do.
Mathew Georghiou Follow Me
Well said, Eric. It is important to keep in mind that every dollar invested in LOCAL entrepreneurship will always be successful, regardless of the outcome of the business itself. People will use their industry experience to start new companies and help the success of other local companies. Even if they move away, their Techlink experience will help them become successful and perhaps give back to the local community in some other way in the future. Techlink has been in business for 20 years! That's a lot of economic activity, and about 19 years MORE than many of the ill-conceived branch plant investments government paid tens of millions of dollars to attract and which only lasted WEEKS. As a side note, there is some inconsistency in the CB Post article because if a company closes its doors, then everyone is laid off, as opposed to reporting "some layoffs". Maybe it is some layoffs but not fully closed. We will have to wait to see what news comes out.
Eric Lortie My Post Follow Me
Yeah, I tried to be as clear as possible that this is all based on a couple rumours floating around last night and an unsourced article today. It would be great to learn that this whole thing has been one huge misunderstanding. People always criticize Techlink as having been given a lot of government funding, but I can't imagine the scenario is that they received more than what was put into the local economy. Regardless of what has happened, the net result is that for 20 years a company was bringing money into our economy and helping to propagate a skilled workforce. People shouldn't focus on the fact that that may have ended and view it as some sort of reason for it not to have happened.
[comment deleted] Posted
Richard Lorway Follow Me
Very sorry to hear this news. The folks that I know there are great people and I hope they are able to stay in the community. Maybe find a way to stay together and build a new company from the ashes of the old? Be great to see. Good article btw.
Joe Ward Follow Me
For those that are financially equipped to survive without departing for the next several months, it would be a good time to consider the possibility of molding some of their ideas into a business initiative. Spark CB is running again, with a first round deadline for June 30th: https://innovacorp.ca/events/spark-cape-breton-2015-submission-deadline While the seed capital isn't much, depending on their need, it could get them to a MVP or a prototype that may be successful in raising additional funding.
Mathew Georghiou Follow Me
Details confirmed in the Chronicle Herald ... meeting on Wednesday: http://thechronicleherald.ca/novascotia/1290303-techlink-suspends-operations-lays-off-employees
Darren MacDonald Follow Me
Well I am looking forward to networking with many of them and the rest of you on Friday. Looking forward to helping build a robust Tech Sector here in CB.
Christian Murphy Follow Me
This is unfortunate and I am sorry to learn of the lost jobs. There may well be an opportunity to restructure and move forward.

Facebook Comments

View all the LATEST
and HOTTEST posts
View

Share this comment by copying the direct link.

  • Our Sponsors

Using this website is subject to the Terms of Use that contain binding contractual terms.